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Ugly 7Y Auction Has Lowest Bid To Cover Since September, Biggest Tail Since 2024
Ugly 7Y Auction Has Lowest Bid To Cover Since September, Biggest Tail Since 2024
After two "terrible" coupon auctions earlier this week, moments ago the Treasury concluded the week's final auction when it sold $44 billion in 7 Year paper. It may not have been quite as terrible as the previous two, but it wasn't much stronger either.
Starting at the top, the auction stopped with a high yield of 4.255%, up sharply from 3.790% in February and the highest since Jan 2025. It also tailed the When Issued 4.247% by...
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Mar 15, 2026 / Dave DeCamp
US Tells Its Citizens To Leave Iraq as Drone and Missile Attacks on US Assets Continue Across the Country
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Meta To Lay Off Hundreds Of Workers Today As AI Pivot Accelerates
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Jul 7, 2026 / Tyler Durden
Monaco Bombing Attack Suspect Shot Dead In Ukraine, Intelligence Officer In Custody
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The saga of the Monaco package bomb attack carried out last week against an exiled Ukrainian oligarch just got even wilder and more mysterious, as the prime suspect has been found shot dead near Kiev.
The Guardian reports that "Ukrainian prosecutors said on Tuesday the woman had been found with a gunshot wound to the head and that two men had been arrested in connection with the case, including an officer with Ukraine’s military intelligence agency (HUR) and a former...
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