Ugly 7Y Auction Has Lowest Bid To Cover Since September, Biggest Tail Since 2024

With 4,900 AI Data Centers, There's Likely One Coming To Your Neighborhood Authored by Mary Prenon via The Epoch Times (emphasis ours), As artificial intelligence continues to permeate everyday life, the data centers needed to support the burgeoning technology are popping up across America - many close to residential areas. More than one-third of Americans now live within a few miles of at least one data center. That proximity means many development projects are not going smoothly, as residents raise questions about the unknown effects on their resources. Both residents and developers...

The US launched an airstrike in Somalia for the second day in a row, US Africa Command said in a press release on Monday, as the Trump administration continues the bombing campaign despite plans to cut support for the African Union’s mission in the country. AFRICOM said that the strike was launched on July 4 […]

Futures Slide As Brent Tops $100, 10Y Yields Rise Above 4.81% Ahead Of Expanded Treasury Buyback US equity futures are lower as oil continues its ascent, pushing Brent above $100 for the first time since July 24 and pushing 10Y yields to 4.81%. As of 8:15am, S&P futures are trading at session lows, down 0.5% and after erasing early gains, echoing a rally in Asian technology shares that lost momentum as the session progressed. Nasdaq futures are down 0.6% as Mag 7s trade mixed premarket: META +5% after saying early...