Morning Note | Sept 20, 2022
Good Morning!
Futures are pointing to a lower open as the Fed kicks off its two-day September FOMC meeting. The big story overnight is yields are reaching new highs with the 10-yr breaking through to 3.56% and the 2-year hitting 15-year highs of 3.98%. Real yields are continuing to surge. The US dollar is also hitting new highs against a basket of cur…
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