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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out tonight by first going over the notable earnings of the night including those of Lyft (LYFT), Chipotle (CMG), and Enphase (ENPH). We then take a look at how the 3-month yield hit a new high and what that has historically meant for S&P 500 performance. Next, we dive into the trade balance numbers followed by a review of mortgage delinquency data. We finish with a recap of today’s stellar 3-year note auction.
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