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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, after a review of tonight’s notable earning reports, we take a look at one of the drivers of today’s price action. We then pivot over to fixed income markets to show high yield bonds breaking their uptrend and the relationship between equities and credit markets. We then show Treasury International Capital Systems (TICS) data on who has been buying and selling bonds. We close out with a preview of this week’s Treasury auctions.
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