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Yield Hunting

Morning Note | November 2, 2021

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Yield Hunting
Nov 02, 2021
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Good Morning!

Futures are mixed this am with the 10-yr back down to 1.56%, oil lower, and USD flat ahead of tomorrow's Fed meeting. No major macro data today. Manchin comments may not be a deal breaker but he wants to see CBO scoring first.

Yesterday, the S&P made a new all time high in a day where it feels a bit soft given the weakness in FANG+. Cyclical…

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