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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 25, 2026 / Dave DeCamp
Iranian Official Suggests Yemen’s Houthis Could Close Bab el-Mandeb Strait If US Launches Ground Attacks
An Iranian official on Wednesday suggested that Yemen’s Houthis, officially known as Ansar Allah, could close the Bab el-Mandeb Strait, which connects the Gulf of Aden and the Red Sea, if the US launches ground operations against Iran. So far, the Houthis, who govern an area of Yemen where most of the population lives, have […]
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Mar 30, 2026 / Tyler Durden
Dutch Treasury Banking Portal Goes Dark For 1,600 Public Institutions After Cyberattack
Dutch Treasury Banking Portal Goes Dark For 1,600 Public Institutions After Cyberattack
The Dutch Finance Ministry informed members of Parliament in a letter on Monday about "unauthorized access" to several of its banking systems, including the digital portal for treasury banking.
"Because of the ongoing forensic investigation and for security reasons, several systems have been temporarily taken offline, including the digital portal for treasury banking," Finance Minister Eelco Heinen wrote in the letter.
Heinen warned that the cyberattack has resulted in "around 1,600 public institutions that hold their funds with the...
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Apr 7, 2026 / Tyler Durden
Antares Earns DoE's First Ever Microreactor Approval As Modi Heralds 'Defining Step In India's Nuclear Energy Journey'
Antares Earns DoE's First Ever Microreactor Approval As Modi Heralds 'Defining Step In India's Nuclear Energy Journey'
Antares Nuclear reached the most significant regulatory milestone to date for a microreactor. The company announced that its Mark-0 reactor became the first advanced reactor to receive Department of Energy approval for a Documented Safety Analysis under the new DOE-STD-1271.
DSA approved. ✅
Antares is the first advanced reactor to receive DOE approval of a Documented Safety Analysis under DOE-STD-1271.
Our Mark-0 reactor now moves to Readiness Review.
Onward. pic.twitter.com/DovqJsVVwz
— Antares (@AntaresNuclear) April 6, 2026
In related international...
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