Yield Hunting

Yield Hunting

Morning Note | October 6, 2021

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Yield Hunting
Oct 06, 2021
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Good Morning!

Futures are down more than 250 points as the volatility in continues, especially in the bond ('MOVE') index and with the VIX. The US dollar is stronger and commodities weaker ex-energy. UK/EU NatGas prices which were +20% yesterday are now up another 27-30% today, which has spiked UK/EU breakevens. Manchin signals a willingness to move on i…

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