Saudi Arabia's Most Critical Pipeline Restored After Drone Attack

Chinese Article Warns VPN Use Alone Can Trigger Punishment Under Expanding Censorship Regime Authored by Michael Zhuang via The Epoch Times, A widely circulated Chinese social media article warning that internet users can be punished simply for bypassing China's online censorship system has drawn attention to what observers say is an expanding clampdown on access to the global internet. The article, published June 2 on Chinese social media WeChat and later archived by California-based nonprofit China Digital Times, which tracks China's state censorship, compiled a series of publicly reported cases of suppression...

Dismal, Tailing 10Y Auction Sees Lowest Foreign Demand Since Jan 2025 As Yields Soar With 30Y yields trading on the wrong side of 5% today, all eyes were on today's 10Y refunding auction to see if it would be ugly enough to push yields to 4.50% or higher. Here is what happened. Just after 1pm, the Treasury announced that the high yield on today's sale of $42 billion in 10Y paper was 4.468%, the highest yield since Jan 2025, and a 0.4bps tail to the When Issued 4.464%, the 4th consecutive...