Recession Signal As Consumers Struggle To Pay Bills

Oil Tumbles, Stocks Surges As Israeli TV Reports Imminent 'One Month Ceasefire' Announcement Summary US seeks a one-month ceasefire with a framework to end the war, according to Israel Channel 12 reports WSJ, Fox reporting 3,000 elite Army Airborne soldiers to be ordered to Middle East. Axios says US awaits Iran response to proposed Thursday peace talks. Trump says Iran has been destroyed "militarily".  Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp. Heavy exchange of fire and...

Ugly 7Y Auction Has Lowest Bid To Cover Since September, Biggest Tail Since 2024 After two "terrible" coupon auctions earlier this week, moments ago the Treasury concluded the week's final auction when it sold $44 billion in 7 Year paper. It may not have been quite as terrible as the previous two, but it wasn't much stronger either. Starting at the top, the auction stopped with a high yield of 4.255%, up sharply from 3.790% in February and the highest since Jan 2025. It also tailed the When Issued 4.247% by...

DHS Shutdown Now The Longest In US History Authored by Jacki Thrapp via The Epoch Times, The partial shutdown of the Department of Homeland Security (DHS) became the longest in U.S. history on March 29. The DHS shutdown reached its 44th day on Sunday, breaking the previous record set during the U.S. government shutdown in the fall of 2025. Republican and Democratic lawmakers on Capitol Hill have blamed each other for the standstill while tossing a dizzying array of proposals through the halls of Congress that have not successfully moved forward. Republicans criticized Democrats...