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Morning Note | September 20, 2021

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Yield Hunting
Sep 20, 2021
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Good Morning!

Futures are down sharply with the dow slated to open down more than 600 points thanks to several emerging risks in the market. Crude is down 2.6%, gold up 0.3%, 10-yr down 6 bps tp 1.30%. Europe down 1.8%.

The largest risk right now is the contagion spill from troubled Chinese property market with property developer Evergrande, a major Chine…

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