Tailing 7Y Auction Sees Lukewarm Foreign Demand, Jump In Direct Buyers

Conference Board Consumer Expectations Hit YTD Highs, Inflation Fears Dip In May With war (and rising gas prices) now fully embedded in respondents' minds (along with record high stock prices), it is perhaps not entirely surprising that The Conference Board's Consumer Confidence dipped in May (but was better than expected). The headline index dipped 0.7 points to 93.1 in May, down from an upwardly revised 93.8 in April. The Present Situation Index - based on consumers’ assessment of current business and labor market conditions - retreated by 3.2 points to 121.2. The Expectations Index -...

Hezbollah Chief Torches 'Futile' Israel Talks, Urges Lebanon Walkout As Rubio Hypes 'Historic Opportunity' The Israel-Lebanon peace talks which have kicked off at the State Dept. in Washington D.C. on Tuesday are unprecedented and historic, and yet they remain largely symbolic and will unlikely lead to much in terms of ending the conflict with Hezbollah. That's of course because Hezbollah is not actually represented, only Lebanese government officials - who hold no power or sway over what is the single most well-armed paramilitary group in the country. Hezbollah leader Naim Qassem...

US Security Chief Says One Suspected Terrorist Is Arrested At Canadian Border 'Almost Weekly' Authored by Paul Rowan Brian via The Epoch Times, U.S. Homeland Security Secretary Markwayne Mullin says American authorities apprehend a suspected or wanted terrorist at the Canada-U.S. border "almost weekly," while warning that "fracturing" relations between the two countries could leave both more vulnerable to criminal organizations, fentanyl traffickers, and other threats. U.S. Homeland Security Secretary Markwayne Mullin testifies before the U.S. House Committee on Homeland Security in Washington on June 3, 2026. AP Photo/Cliff Owen Mullin made the...