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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin tonight with a look at market pricing for policy rates before diving into today’s update of CPI data and some reasons to believe inflation has peaked. We then update the latest data on government receipts and outlays. We round out tonight’s note with a recap of the historically bad reopening of 10 year notes.

If you’re wondering what the Closer is like each day, click here or on the thumbnail image below for a sample of a few pages from the report.

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