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Morning Note | May 3, 2022

Morning Note | May 3, 2022

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Yield Hunting
May 03, 2022
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Yield Hunting
Yield Hunting
Morning Note | May 3, 2022
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Good Morning!

Futures are lower following a big market reversal day for the first session of the new month.  Markets are down about one-third of a percent.  The 10-year yield is 2.96%, after briefly hitting 3.0% yesterday.  Oil is hanging around $103.   Biden looking to spend $3.1bn on EV battery mfg. BOJ unlikely to intervene to save JPY, may hurt Treas…

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