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

Subprime Crisis 2.0: Will Private Credit Be The Trigger? Via RealInvestmentAdvice.com, We have recently tackled the rising stress in the Private Credit markets. Here are a few of our previous warnings: Fitzpatrick: Soros CEO & CIO Warns of a Reckoning Private Credit Stress: Will The Fed Backstop Exuberance Again? – RIA Is Private Equity A Wolf In Sheep’s Clothing? After 30 years of watching credit cycles expand, distort, and collapse, I’ve learned one reliable rule: “When enough people start drawing comparisons to 2008, it’s worth stopping to check whether the analogy holds up — or whether...

CBP Says It Seized More Than 60 Pounds Of Cocaine From US Citizen At Border Authored by Troy Myers via The Epoch Times, U.S. Customs and Border Protection (CBP) officers at the U.S.–Mexico border prevented more than 60 pounds of cocaine from entering the country, allegedly smuggled by an American citizen—a “trusted traveler”—the agency exclusively told The Epoch Times on Wednesday. At California’s San Ysidro Port of Entry, a 25-year-old man was arrested on April 7 for allegedly concealing more than $1.1 million of the illegal narcotics within his vehicle and now...

The US Department of War said on Tuesday that its forces boarded an oil tanker in the Indian Ocean that it tracked from the Caribbean, marking the third such incident. According to The Associated Press, the ship, named the “Bertha,” was one of the tankers that left Venezuela following the January 3 US attack on […]