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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we kick off with a review of BYD’s earnings followed by a look at the slowing of home prices per Case-Shiller data (page 1). We also show the rise in electrical equipment durables activity and provide an update of our Five Fed Manufacturing composite (page 2). After a look at the crude term structure (page 3), we finish with a recap of today’s 5 year note auction (page 4).
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