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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out tonight with the massive moves in the dollar and 5 year yields as well as reviewing the changes in market pricing of the Fed Funds rate (page 1). We follow up with a review of the dovish Fedspeak out today (page 2). We then dive into today’s CPI data (page 3) followed by a decile breakdown of equity performance (page 4). We finish with a recap of today’s historically strong 30 year bond auction (page 5).
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