Morning Note | Sept 29, 2021

Good Morning!

Futures are rebounding this am with the S&P slated to open up about half a percent after yesterday's 2% decline (Nasdaq was down nearly 3%). Yields are down a few bps to 1.515%. VIX is down about 4% to 22.3. US dollar is strengthening and is now just 33 bps from a 52-week high.

Yield velocity, inflation, Washington gridlock triggered global …