Yields on 2-year notes climb to the highest since June 2020.

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June

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Finance

The #Olympics  opening ceremony took a moment of silence to remember those who lost their lives during the Covid-19 pandemic #Tokyo2020 

“I think it’s unfortunate to see only about 80% of the U.S. athletes vaccinated, quite frankly,” @ScottGottliebMD  says as the Olympics begin.

1. Stocks: all-time highs 2. Home prices: all-time highs 3. Incomes: all-time highs 4. Job openings: all-time high 5. US Core Inflation: highest since 1991 6. Fed: we need 0% rates through at least 2023 & trillions more in bond buying to boost asset prices & increase inflation.

It is clear that post-vaccination Delta infections are more common than prior versions of the virus, such as this preprint from yesterday /4

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The prosecutor investigating Donald Trump and his company made his name and career defending Wall Street banks

BREAKING: GM issues a second recall of its 2017-2019 Chevy Bolt EVs after vehicles catch fire. @Lebeaucarnews  has the details.

As the Tokyo Olympics kick off, the pandemic turns Japan’s promise of an economic boost into a headwind

HAPPENING NOW: The #Tokyo2020  #Olympics  opening ceremony has kicked off with a fireworks display

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