Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

EU Ministers Fail To Suspend EU-Israeli Cooperation Agreement; Germany Calls 'Inappropriate' Via Remix News, A move to end the EU-Israel Association Agreement has been struck down, led by objections from Germany, Austria, and Italy. The accord, in existence since 2000, has served as the framework for EU-Israeli relations pertaining to both trade and foreign policy, with a key pillar being Israel’s access to the markets of EU member states. 13 October 2025, Berlin: The flags of Israel, the EU and Germany fly in front of the Berlin House of Representatives. Following the...

Ugly, Tailing 30Y Auction Sees Foreign Demand Tumble, Dealer "Backtop" Bid Jump After yesterday's stellar 10Y auction, which saw the 5th highest Indirect take down on record, today's reopening of $22BN in 30Y paper (via Cusip UU0) was a mirror image: ugly, poor foreign demand, and tailing. Starting at the top, the auction priced at a high yield of 5.02%, down fractionally from 5.046% last month (which was the first 5% coupon auction in history). And just like last month, today's auction also tailed the When Issued 5.008% by 1.2bps; this...

Gen Z Americans Grow More Skeptical And Angry About AI, Survey Finds Authored by Bill Pan via The Epoch Times, Young Americans are using artificial intelligence (AI) regularly, but their distrust and resentment toward the technology are also growing, according to a new Gallup survey. The survey, released Thursday, found that more than half of Generation Z respondents ages 14 to 29 said they use generative AI either daily or weekly. Younger members of Gen Z who are still in K–12 education were more likely than Gen Z adults to say they...