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Looking for deeper insight into markets?  In tonight’s Closer sent to Bespoke Institutional clients, we start off with a look at today’s Fedspeak and the move in Treasury markets. We also show what stocks have outperformed on the moves lower for rates.  Next, we recap the 2-year note auction. Turning to economic data, we review the current account balance, new home sales, our Five Fed Manufacturing index, and the Richmond Fed’s service sector survey.

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