Article
10Y Auction Tails As Foreign Demand Dips
10Y Auction Tails As Foreign Demand Dips
After yesterday's impressive 3Y auction, moments ago the Treasury sold $39 billion in benchmark, 10Y paper, in what was a mediocre auction.
The auction, a 9-Year 10-Month reopening of cusip CPX8, stopped at a high yield of 4.282%, up from 4.217% last month and the highest since last August. It also tailed the When Issued 4.280% by 0.2bps, the third consecutive tail in a row.
The bid to cover dipped to 2.429 from 2.449, and was also below the six-auction average of 2.48.
The internals also...
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Apr 22, 2026 / Tyler Durden
Iran's Covert Oil Trade Persists As Tankers Breach US Blockade
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By Tsvetana Paraskova of OilPrice.com
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Report: US Preparing for Sustained, Weeks-Long War Against Iran If Trump Orders Attack
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Jul 16, 2026 / Tyler Durden
The Six Vectors Of Gold Remonetization Revealed
The Six Vectors Of Gold Remonetization Revealed
Authored by Ronnie Stoeferle via VonGreyerz.gold,
A look at monetary history reveals that the question of “sound money” was never purely academic in nature but has always been of central importance for economic stability and social order. The past five decades of the pure fiat experiment are, measured against 5,000 years of monetary history, a brief anomaly. And anomalies tend to be corrected.
Our thesis of a remonetization of gold may seem bold at first glance, which makes a clear conceptual framework all the more important. Those...
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