Morning Note | July 8, 2022
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…
