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Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ
Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ
The yen was already sliding on Monday after Nikkei Asia reported that the sharp swing we saw in USDJPY in January was initiated by FX intervention from US Treasury Secretary Bessent not Tokyo, even if Washington, D.C. is open to coordinated forex moves if requested by Japan. FX traders took this as evidence that, contrary to previous conventional wisdom, Japanese authorities were prepared to allow the USDJPY to continue climbing on Jan. 23 and it was only...
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Apr 28, 2026 / Tyler Durden
Tailing 7Y Auction Sees Lukewarm Foreign Demand, Jump In Direct Buyers
Tailing 7Y Auction Sees Lukewarm Foreign Demand, Jump In Direct Buyers
The week's final coupon auction per the truncated pre-FOMC schedule has come and gone, and like yesterday's 2Y and 5Y, was also mediocre at best.
The sale of $44BN in 7Y paper stopped at a high yield of 4.175%, down from 4.255% in March; and like the week's previous auctions, the 7Y also tailed the 4.170% When Issued by 0.5bps, which makes it 4 auctions that have not stopped through in a row.
The bid to cover was better, rising to...
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Jun 22, 2026 / Tyler Durden
Scottish Court Rules Against Biological Males Being Held In Women's Prisons
Scottish Court Rules Against Biological Males Being Held In Women's Prisons
Authored by Jonathan Turley,
There is a major ruling in Scotland where a court declared that it is generally unlawful to house a transgender biological male in a women’s prison. The decision follows the ruling of the top UK court that a woman is defined by her biological gender at birth. The timing is notable as we await a couple of transgender rulings from our own Supreme Court this week. The decisions also highlight the anomaly of police continuing to...
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Jun 12, 2026 / Tyler Durden
CJ Hopkins: How I Learned To Stop Worrying And Love The New Normal Reich
CJ Hopkins: How I Learned To Stop Worrying And Love The New Normal Reich
Authored by CJ Hopkins via ConsentFactory.org,
So the German Supreme Court has ruled on my case. Their ruling is that they will not rule on my case. They sent my attorney a letter to that effect. It literally says:
“The constitutional complaint will not be accepted for a ruling. No explanation is provided. This ruling is incontestable.”
So I am now officially a “hate criminal” in Germany. I was already pretty much a “hate criminal” in Germany, but now...
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