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Yield Hunting

Morning Note | Oct 19, 2022

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Yield Hunting
Oct 19, 2022
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Good Morning!

Time to batten down the hatches.  Or is it?  Futures are lower after the large rally yesterday.  Yields are up which means stocks are down, despite Netflix's strong earnings.  The US 10-yr hit a new high of 4.1%.  NFLX is up 13% pre-market following earnings last night.  The rest of the MegaCap complex is up except for Apple. Kashkari, a Fe…

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