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Yield Hunting

Morning Note - June 4, 2021

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Yield Hunting
Jun 04, 2021
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Good Morning!

Futures are slightly in the green, with bonds off slightly as the 10-yr inches higher to 1.625%. US dollar on its first 4-day rally in 3 months. . The pullback in commodities appears limited to 1-day; oil continues to surge. Biden offers a 15% tax floor to fund infra. BBG reports that 70% of active managed large-cap funds beat benchmarks in…

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