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Morning Note | November 10, 2021

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Yield Hunting
Nov 10, 2021
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Good Morning!

Futures are lower again ahead of the key inflation data. The 10-yr is higher at 1.48%, off the lows of 1.42% set on Monday. The VIX is at the highest level in 4 weeks. CPI yoy is seen at 5.9%. Yellen says inflation will not last beyond 2022. Fed reports show increasing C&I loan demand and increasing consumer credit card use. Reuters reports…

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