Morning Note - June 17, 2021
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…
