Morning Note - May 13, 2021
Good Morning!
Futures are down again for the second day of losses though the Nasdaq futures are up 0.3%. The 10-yr yield is just under 1.7%, near the upper end of the range of the last year.
Futures are lower, continuing yesterday’s selloff into today’s PPI and jobless data. 10Y is hovering around 1.7% (52-wk high is 1.74% on Mar 31). Commodities
finally …
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