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

Israeli Prime Minister Benjamin Netanyahu has announced a “dramatic shift in policy” in the ongoing invasion of Lebanon, with troops advancing ever-deeper into the country, and reaching points that are as far into Lebanon as they’ve gone in the past 26 years, with the capture of Beaufort Castle. Crusader forces built Beaufort Castle, which overlooks […]

Mediocre 2Y Auction Prices At Highest Yield Since Feb 2025 With Treasury yields sliding 4 days in a row, today's 2Y auction was not seen as especially concerning (certainly not as much as a week ago, when the 10Y was knocking on 4.70%'s door, vs 4.50% where it trades today). Still, while the auction did have it strong sides, it was hardly stellar. Starting at the top, the $69BN sale of 2Y paper priced at a high yield of 4.071%, up 26bps from 3.812% a month ago, and the highest since...

This article is adapted from a speech given at the Ron Paul Institute Spring Conference in Lake Jackson TX on 25 April 2026. I’m going to begin our examination of the US-Israel relationship by taking you to an unlikely location, thousands of miles from either Tel Aviv or Washington. We’re also traveling more than 36 […]