Morning Note - May 6, 2022
Good Morning!
Markets are moderately lower again today suggesting follow-through from yesterday's massive decline. At the open, we fell below 4,100 on the S&P going below yesterday's intra-day low. The move in bond yields (16bps in 10Y) catalyzed the move lower and the selling in Equities was then more technical than fundamentally driven.
The jobs re…
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