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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out tonight with a look at the huge divergence between the moves in the VIX and stocks (page 1) followed by some commentary regarding the latest federal budget figures (page 2). Next we review the latest consumer expectations data out of the New York Fed (page 3) before recapping today’s 3 and 10 year Treasury sale (page 4). We finish with our weekly recap of positioning data (pages 5 – 7).
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