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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 the sharp decline in preferred shares (page 1) followed by a look at the decline in auto prices (page 2). Afterward, we dive into today’s new home sale data (page 3) and then pivoting over to the latest update of preliminary S&P Global PMIs (page 4). We finish with a rundown of the weak 2 year note auction held this afternoon (page 5).
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