Morning Note | June 1, 2022

Good Morning!

Futures are nicely higher as we start the month of June.  Yields are moving back up, commodities are mixed, and the dollar is reversing its decline.  The Fed’s Bostic says his Sept pause comments should not be interpreted as a Fed put; states his preference for Fed Funds to reach 2.00 – 2.50% by year-end. Surprisingly, markets didn't react …