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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we lead off with an update on Fedspeak (page 1) followed by a dive into today’s residential construction figures (pages 2 and 3).  Staying on the topic of real estate, we then pivot over stressed metrics for commercial real estate (page 4). We close with a recap of today’s solid 20 year bond reopening (page 5)

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