Yield Hunting

Yield Hunting

Morning Note | May 23, 2023

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Yield Hunting
May 23, 2023
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Good Morning!

Futures are lower as Wall Street wants to see some signs of debt ceiling progress.  Yesterday, a meeting between the President and House Speaker failed to produce a resolution.  Yields are higher with a stronger dollar indicating that the flight to safety is away from treasuries and towards the dollar amid the debt ceiling issue becoming mo…

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