Morning Note - June 23, 2021

Good Morning!

Futures are flat at the open with the 10-yr at 1.47%, down slightly from yesterday's close ahead of the PMI data out today. Infra talks continue with Progressives pushing for a larger package that also ties to a
global infra package with the G7. US to miss 70% vaccination rate by July 4; Delta variant set to be dominant strain within 3 weeks…