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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, after a review of the mechanics of the US mortgage-backed security market, we take a look into mortgage rates. We then show the historic streak the 10 year yield has been on and a decile analysis of today’s price action. We also show the move in the VIX relative to the drop in equities before closing with a recap of today’s EIA data.
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