Iran Says Talks With US Are 'Fake News' After Trump Threatens To 'Just Keep Bombing', Wants Hormuz To Be 'Jointly Controlled'

Bonds Are Screaming "Something's Wrong" Submitted by QTR's Fringe Finance Bond yields are doing exactly what I warned about yesterday: forcing reality back into a market that had become increasingly detached from it. Heading into Friday’s cash open, U.S. equity futures are under pressure, with S&P 500 futures down roughly 1% and Nasdaq futures off even more sharply as global bond markets sold off overnight. CNBC reported that by Friday morning in London, the U.S. 10-year Treasury yield had climbed nearly 9 basis points to 4.544%, marking its highest level in almost a year. The...

What role does the Constitution play when one state has a different understanding of “American values” than another? Unfortunately, the responses have been inconsistent, depending upon which “values” one wishes to promote.

Expect Electricity Prices To Rise Further, Analysts Warn By Robert Walton of UtilityDive, U.S. electricity prices have risen significantly in recent years, though “national trends mask stark differences” in state prices, according to an April 1 analysis by Lawrence Berkeley National Laboratory and The Brattle Group. Whether you take a “crisis” or “more nuanced view” of the increases - the analysis offers both - one thing is likely, according to the report: “Record levels of [investor-owned utility] rate increase requests & regulatory approvals suggest additional near-term price increases absent policy/market actions.” There were...