Morning Note | March 9, 2022
Good Morning!
Futures are rallying hard as commodity prices take a dive. Oil is down $6 to $118. The US 10-yr is up 4 bps to 1.91%. Markets are poised to rally 1.6%-2.3% at the open. Nothing specific driving the rally though there is some renewed hope of a ceasefire in Ukraine.
Today’s Russia/Ukraine peace talks produced nothing except for another meeting…
