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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin by taking a look at which stocks have been rallying the hardest recently. We then show the massive decline in global investment-grade bonds, the move in 10y TIPS, and the 2s10s yield curve. We also show how equities have performed in the past following similar moves in rates. We then show recent trends in investor class takedowns for Treasury auctions before closing with an update of our Five Fed Manufacturing composite.
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