Cory Booker Blasts Party, Says Democrats 'Failed This Moment', And Calls For New Leaders

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...

Twelve US F-22 Raptor fighter jets that departed the UK on Tuesday have arrived at an Israeli Air Force base in southern Israel, Ynet has reported, as the US continues its massive military buildup in the Middle East to prepare for a potential attack on Iran. The F-22s arrived in the UK last week, part […]

Acting AG Todd Blanche: Investigating ActBlue Allegations Is A Top Priority The Democratic Party's premier fundraising machine is in serious legal jeopardy, and the new man running the Justice Department just made clear he intends to do something about it. The New York Times reported on Thursday that ActBlue’s own lawyers had warned its leadership in early 2025 that it may have lied to Congress about how it screens out illegal foreign donations.  In 2023, ActBlue CEO Regina Wallace-Jones sent a letter to Republican congressional investigators assuring them the platform used rigorous...