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Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022

Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022 With both foreign and domestic investors dumping gold (and anything else not nailed down) to fund oil, at its brand sparkling new price of $170 (in Asia), we were wondering how long before the lack of disposable cash hits US debt. We got the answer today at just after 1pm when we got the results of today's $69 billion 2Year bond auction. In a nutshell, it was terrible. The auction priced at a high yield of 3.936%, up from...
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Jun 22, 2026 / Tyler Durden
"But A Whimper": Retail Euphoria In SpaceX Fizzles After Stock Loses $600 Billion In One Day
"But A Whimper": Retail Euphoria In SpaceX Fizzles After Stock Loses $600 Billion In One Day It started off with a bang: SpaceX IPOed on June 12 with an opening price of $150 on their first day of trade, well above the offering price of $135, and within two days, enterprising traders were ravenously bidding up 380 calls (expiring in just days) in hopes of sending the stock soaring in hopes of orchestrating a gamma squeeze.  They are going for it https://t.co/tT4cJns9nv pic.twitter.com/P6NTzq4tx2 — zerohedge (@zerohedge) June 16, 2026 ... then it will...
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May 6, 2026 / Dave DeCamp
US CENTCOM Says It Attacked and Disabled an Iranian Oil Tanker in the Gulf of Oman
US Central Command said on Wednesday that its forces attacked and disabled an Iranian-flagged oil tanker, the M/T Hasna, in the Gulf of Oman, which it claimed was attempting to bypass the US blockade of Iranian ports. CENTCOM said that after issuing warnings to the ship, a US Navy F/A-18 fighter jet launched from the aircraft carrier […]
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Aug 9, 2026 / Tyler Durden
Fire Erupts At Saudi Aramco's Jazan Refinery As Iran-Backed Houthis Claim Drone Strike
Fire Erupts At Saudi Aramco's Jazan Refinery As Iran-Backed Houthis Claim Drone Strike Yemen's Iran-backed Houthis claimed responsibility for a drone attack on Saudi Aramco's $21 billion Jazan refinery, located on Saudi Arabia's southwestern Red Sea coast, roughly 44 miles from the Yemeni border. The facility is strategically important because it allows Aramco to export refined products through the Red Sea without transiting the Strait of Hormuz. The attack also signals the growing vulnerability of Saudi energy assets in the region, where Houthi forces have repeatedly targeted them in recent...
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