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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin tonight with an update on Fed speak (page 1) followed by an update on the macro situation in Turkey (page 2). We then review the latest existing home sales data (page 3 and 4) before updating our Five Fed Composite with the addition of the Philly Fed (pages 5 – 7). We close out with a recap of the 30 year TIPS auction (page 8).

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