Morning Note | June 29, 2022

Good Morning!

The markets are trying for their first gains in three days and following the worst day in 8 session as economic data ranging from inventories to sentiment to manufacturing disappointed. China’s reopening is offset by weakness in the US. Fed’s Mester backs 75bps in July, echoing recent Fedspeak, wants to see rates over 4% in 2023. Yields are…