Morning Note | May 3, 2022
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…
