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Yield Hunting

Morning Note | Sept 8, 2022

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Yield Hunting
Sep 08, 2022
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Good Morning!

Futures are off small after Wednesday's rebound rally.  The ECB raised rates by 0.75% bringing their deposit rate above zero for the first time in more than a decade.  The rally was induced by seemingly less hawkish Fedspeak, a bid for bonds, and lower oil prices.  Yesterday, the Fed’s Beige Book showed unchanged econ activity, slower price…

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