Escalation On All Fronts As Mediators Say Iran Hasn't Requested Pause On US Energy Strikes

Ugly, Tailing 30Y Auction Sees Foreign Demand Tumble, Dealer "Backtop" Bid Jump After yesterday's stellar 10Y auction, which saw the 5th highest Indirect take down on record, today's reopening of $22BN in 30Y paper (via Cusip UU0) was a mirror image: ugly, poor foreign demand, and tailing. Starting at the top, the auction priced at a high yield of 5.02%, down fractionally from 5.046% last month (which was the first 5% coupon auction in history). And just like last month, today's auction also tailed the When Issued 5.008% by 1.2bps; this...

NRC Approves Security Plan For NANO's Laser Enrichment Partner As SWU Spot Hit Record HIgh Last week the uranium showed up. This week Washington signed off on who gets to look at what happens to it. On Thursday morning LIS Technologies (LIST), the private laser enrichment developer in which NANO Nuclear is a shareholder and strategic partner, announced that the Nuclear Regulatory Commission has approved its Standard Practice Procedures Plan (SPPP) for the Test Demonstration Facility in Oak Ridge, Tennessee, the same building that, as we reported a week ago in...

Protesters Rally Outside OpenAI, Anthropic, And xAI Offices Over Industry Concerns Authored by Jason Nelson via decrypt.co, In brief 200 protesters marched from Anthropic to OpenAI and xAI offices in San Francisco. Activists called on AI companies to pause development of new frontier AI models. Organizer Michael Trazzi previously staged a multi-week hunger strike outside Google DeepMind. Protesters took to the streets of San Francisco on Saturday, stopping outside the offices of Anthropic, OpenAI, and xAI to call for a conditional pause in the development of increasingly powerful artificial intelligence. According to Stop the AI Race...