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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out tonight with some commentary on Fedspeak and tonight’s earnings reports (page 1). We then pivot to a review of today’s residential construction numbers (pages 2 & 3) followed by an update of our Five Fed composite (page 4). We finish with a review of the 10 year TIPS reopening. (page 5).

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