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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we lead off with a look at how the Russell 2,000 nearly closed at the most overbought level on record (page 1) followed by some commentary on Powell’s interview at the Economic Club of Washington (page 2). We then preview this week’s Treasury sales (page 3) before diving into the latest positioning data including the multiple superlatives in currency positioning (pages 4 – 7).

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