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Medicore 30Y Auction Has First Tail Since November

Medicore 30Y Auction Has First Tail Since November After a solid 3Y auction and a tepid 10Y auction earlier this week, moments ago the Treasury concluded the final coupon auction of the week, when it sold $22 billion in a 30 year reopening in what was another average auction. The sale stopped at a high yield of 4.876%, virtually unchanged from 4.871% a month ago and the highest since last July. It also tailed the When Issued 4.871% by 0.5bps, the first tail since November. The bid to cover was 2.385,...
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Mar 25, 2026 / Tyler Durden
EU and Australia Seal Trade Deal Amid Strategic Resource Concerns
EU and Australia Seal Trade Deal Amid Strategic Resource Concerns Submitted by Thomas Kolbe It took an astonishing eight years before the European Union and Australia were able, at the beginning of the week, to agree on a joint trade agreement. What EU Commission President Ursula von der Leyen and Australian Prime Minister Anthony Albanese presented in Australia’s capital Canberra represented a far-reaching reduction of direct tariffs over a medium-term period. Over 90 percent of goods will be able to circulate freely between the two continents, of course always under the application of...
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May 28, 2026 / Dave DeCamp
US Says Kyiv Embassy Remains Open as Russia Warns Major Attack Could Start at Any Time
The US said on Thursday that its embassy in Kyiv remains open despite claims to the contrary and Russia’s threats to launch a major attack on the Ukrainian capital city targeting military targets and “decision-making centers.” Earlier this week, Russia issued a warning to the US and its European allies to evacuate their personnel from […]
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Mar 13, 2026 / Tyler Durden
US Q4 GDP Growth Cut In Half To Just 0.7% After Revision
US Q4 GDP Growth Cut In Half To Just 0.7% After Revision While it's useless most of the time, and especially so when the US has just entered war throwing a wrench into the entire economic calculus, moments ago the BEA reported that Q4 GDP in the US was slashed by half after the 1st revision of data: instead of 1.4%, the US grew just 0.7% in the last quarter of 2025 (0.660% to be precise), and far below estimates of a 1.4% print. It was also the lowest GDP...
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