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Jobless Claims Continue To Show No Signs Of Labor Market Stress
Jobless Claims Continue To Show No Signs Of Labor Market Stress
Initial jobless claims continue to hover near multi-decade lows, refusing to show any signs of labor market stress.
Last week saw 212k American file for jobless benefits for the first time (below the 216k expected). Unadjusted claims tumbled to the lowest since September...
Source: Bloomberg
Michigan and New York saw the largest drop in initial jobless claims last week while Rhode Island and Oklahoma saw the bigger rise in claims...
The number of Americans filing for continuing jobless claims also dropped last week...
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Feb 19, 2026 / Dave DeCamp
Israeli Settlers Kill 19-Year-Old Palestinian American in the West Bank
Jewish settlers in the West Bank killed a 19-year-old Palestinian American on Thursday as settler violence continues to surge in the Israeli-occupied territory. According to Haaretz, Nasrallah Abu Siam was shot during a settler attack on the village of Mukhmas in the central West Bank, and he later succumbed to his wounds. Two other Palestinians […]
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Mar 24, 2026 / Tyler Durden
Islamic Symbol Erected On Mountain Overlooking Phoenix Destroyed
Islamic Symbol Erected On Mountain Overlooking Phoenix Destroyed
Religiously motivated vandalism that doesn't involve an attack on a Christian church? It's an incredibly rare occurrence in the US, despite the myths often spread by the progressive media. That said, it is likely to become far more frequent as clashes between the west and eastern ideologies continue to escalate.
Tempe police are investigating the destruction of a religious symbol placed on "A" Mountain (also known as Hayden Butte) for the Muslim holy month of Ramadan. Officers say a Muslim student group from...
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Apr 8, 2026 / Tyler Durden
10Y Auction Tails As Foreign Demand Dips
10Y Auction Tails As Foreign Demand Dips
After yesterday's impressive 3Y auction, moments ago the Treasury sold $39 billion in benchmark, 10Y paper, in what was a mediocre auction.
The auction, a 9-Year 10-Month reopening of cusip CPX8, stopped at a high yield of 4.282%, up from 4.217% last month and the highest since last August. It also tailed the When Issued 4.280% by 0.2bps, the third consecutive tail in a row.
The bid to cover dipped to 2.429 from 2.449, and was also below the six-auction average of 2.48.
The internals also...
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