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Yield Hunting

Morning Note | May 12, 2023

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Yield Hunting
May 12, 2023
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Good Morning!

Markets opened higher led by small caps.  Interest rates are slightly higher on the long end but flat on the short.  Regional banks saw a slight rebound after getting hit in yesterday's session.  PacWest shares were up slightly as well after falling 22% on Thursday.  Univ of Michigan came out and showed investor sentiment came in weaker tha…

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