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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin tonight with a rundown of Fed news and Fedspeak followed by earnings recaps (page 1). We then take a look at intraday reversals at 52-week lows (page 2) as well as the historic drawdown in municipal bonds (page 3). We follow up with a 10-year auction recap (page 4). Pivoting to macro data, we dive into today’s CPI print (pages 5 and 6) and the latest update of EIA data (page 7).
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