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Morning Note - June 17, 2021

Morning Note - June 17, 2021

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Yield Hunting
Jun 17, 2021
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Yield Hunting
Morning Note - June 17, 2021
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Good Morning!

Futures are moderately lower this am as interest rates move higher following yesterday's Fed meeting. 10-yr is up near 1.57% and the dollar continues to strengthen which is weighing down commodities.

Fed sees two rate hikes by YE 2023; first hike pulled forward from Apr 2023 to Jan 2023. Tapering expectations punted to Aug/Sep, but $120bn/mo…

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