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Morning Note | May 3, 2023

Morning Note | May 3, 2023

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Yield Hunting
May 03, 2023
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Morning Note | May 3, 2023
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Good Morning!

Markets are up ahead of the Federal Reserve's rate decision midday today.  Bond yields are slightly lower with the 10-yr back below 3.4%.  The Regional Banking ETF (KRE) made a multi-year low yesterday. The slide in commodities continues with WTI poised to test $70 support level. The macro data focus includes ADP, ISM, Mtge Applications, an…

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