Yield Hunting

Yield Hunting

Morning Note - May 27, 2021

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Yield Hunting
May 27, 2021
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*Good Morning!

Futures are back to their cyclical rotation with the Dow up and "growth" a la' the Nasdaq, down. The S&P is flat. The 10-yr is up nearly 4 bps to 1.61%. Today we have durable goods, jobless claims, GDO, and personal consumption/ Core PCE. Tomorrow we get personal spending and Chicago PMIs- all important data points.

Fed Vice Chair pitches …

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