Morning Note | July 8, 2022

Jul 08, 2022

∙ Paid

Good Morning!

Markets are mixed following a stronger-than-expected jobs report which showed 372K new jobs in June, dampening some recession fears. Interest rates jumped on the news with the 10-yr back to 3.07%. The VIX is threatening to fall below 25 for the first time in four weeks.

The jobs numbers reinforces the view that the Fed will hike 75 bps in Ju…

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