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Morning Note | September 12, 2023 | DMO Plunges For Now Reason. AFT, ARDC, BANK Raise.
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Morning Note | September 12, 2023 | DMO Plunges For Now Reason. AFT, ARDC, BANK Raise.

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Yield Hunting
Sep 12, 2023
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Morning Note | September 12, 2023 | DMO Plunges For Now Reason. AFT, ARDC, BANK Raise.
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Summary

  • Oil prices reach highest levels of 2023 at $89 per barrel.

  • Interest rates take a breather after attempting to break through cycle highs.

  • Apple set to unveil iPhone 15 today, all eyes on CPI for macro.

  • Distribution Increases:  ARDC +4.4%, BANK +15.4%, AFT +2.4%.

  • DMO took a plunge on poor trading.

Good Morning!

Markets are lower again today as oil prices…

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