'She Was Too Drunk To Consent' (Twice): Swalwell Odds Crater After Sexual Assault Allegations Rock California Gubernatorial Race

Average 2Y Auction Is A Big Improvement From Last Month's Debale In today's first of two coupon auctions (due to the week's truncated schedule as the Fed is on Wednesday), the US Treasury sold $69BN in 2 year paper in a mediocre auction, yet one which was notably stronger than last month's issuance. The sale stopped at a high yield of 3.812%, down from last month's 3.936% and tailing the When Issued 3.811% by 0.1bps. This however was a big improvement from last month's 1.8bps tail, which was the biggest since...

Pope Leo XIV on Monday said he would continue “speaking out” against war in response to President Trump’s scathing attack on the US-born pontiff. Trump attacked Leo in a long post on Truth Social on Sunday night, which came as the pope and other Catholic leaders, including those in the US, had been very critical […]

75 Gulf Energy Assets Damaged In U.S.-Iran War As Supply Shock Intensifies International Energy Agency (IEA) Executive Director Fatih Birol was interviewed by the French newspaper Le Figaro earlier on Tuesday and warned that the Gulf energy shock "is more severe than those of 1973, 1979, and 2022 combined" because it is affecting oil, gas, food, fertilizers, petrochemicals, helium, and global trade all at once. Birol said in the interview that more than 75 energy sites across the Gulf region have been attacked, with about a third severely damaged, suggesting tens...