Yield Hunting

Yield Hunting

Morning Note - July 28, 2021

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Yield Hunting
Jul 28, 2021
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Good Morning!

Futures are up modestly on Fed day with the 10-yr up 2.7 bps to 1.26%. Oil is up again over 1% to $72.50 per brl. Apple, Google, and Microsoft report after the market close today.

Low expectations for Fed Day; could see vol come in post-mtg. Biden steps in to save bipartisan infra deal; nothing is on the tape yet. Biden announces mandatory v…

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