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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out with a look at the two year yield’s breakdown as the S&P 500 runs into resistance (page 1).  Next, we dive into the latest CPI data including what drove today’s print and the potential paths it can take from here (pages 2 – 4).  We follow up with a look at transportation costs from Cass (page 5) then run through the details of today’s historically strong 30 year bond reopening (page 6). We finish by taking a look at the plateau in housing inventories (page 7) as housing sentiment is a shade of its former self (page 8)

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