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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, in tonight’s Closer, we look at the extension of the bear market and all the other assets that have tumbled (page 1). We then provide an update the rise in mortgage rates and what that could mean for delinquencies (page 2). Afterward, we take a look at the moves in currencies via the Big Mac (page 3). Next, we recap today’s 2 year note sale (page 4) before closing out with a review of the latest Commitments of Traders data (pages 5-7).
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