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Average 2Y Auction Is A Big Improvement From Last Month's Debale
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...
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House Narrowly Defeats Iran War Powers Resolution as Thousands More US Troops Head to Middle East
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From Fiestas To Ferraris, Britain's Fuel Shock Has Rich And Poor Stealing Petrol
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Across the U.K., motorists face record-breaking fuel costs at the gas pump as the Gulf energy shock ripples around the world. One of the clearest second-order effects now emerging is a surge in petrol station thefts, spanning from organized crime gangs to even drivers in exotic cars simply filling up and driving off.
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Removing AI Spyware From Your Google Account
Removing AI Spyware From Your Google Account
Authored by Thomas Neuburger via Naked Capitalism,
Yves here. News you can use! And advice that helps readers limit their exposure to two longstanding abuses. One is the unending efforts of the surveillance state to extend its reach. Two is the way AI companies steal original work without consent or compensation to feed into training sets.
By Thomas Neuburger. Originally published at God's Spies
The glorifyingly named Googleplex headquarters in Mountain View, California.
As most have noticed, AI is entering our lives in a very big way.
Doctor's...
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