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Morning Note - May 19, 2021
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Morning Note - May 19, 2021

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Yield Hunting
May 19, 2021
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Morning Note - May 19, 2021
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*Good Morning!*

Futures are moderately lower this am with the 10-yr hitting 1.66%. VIX is back over 22. Nothing really driving the markets down. We have the Fed Minutes today but just a broader, global risk off one. . Stocks, bonds,
commodities, and USD all lower. Semis/chip situation worsens; lead time to receive orders highest since 2017. Bi-partisan in…

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