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Tailing 7Y Auction Sees Lukewarm Foreign Demand, Jump In Direct Buyers
Tailing 7Y Auction Sees Lukewarm Foreign Demand, Jump In Direct Buyers
The week's final coupon auction per the truncated pre-FOMC schedule has come and gone, and like yesterday's 2Y and 5Y, was also mediocre at best.
The sale of $44BN in 7Y paper stopped at a high yield of 4.175%, down from 4.255% in March; and like the week's previous auctions, the 7Y also tailed the 4.170% When Issued by 0.5bps, which makes it 4 auctions that have not stopped through in a row.
The bid to cover was better, rising to...
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May 14, 2026 / Tyler Durden
Researchers Theorize That Our Brains Are Building The Universe
Researchers Theorize That Our Brains Are Building The Universe
Authored by Steve Watson via Modernity.news,
Developments in quantum physics and consciousness research are prompting scientists to reconsider the fundamental nature of reality.
Several recent discussions highlight theories proposing that conscious experience may play a far more fundamental role than previously thought — potentially generating space-time itself.
Popular Mechanics covered a provocative theory suggesting consciousness could be foundational.
A bold theory suggests that consciousness generates space—meaning reality isn’t what it seems.
Read the full story at the link below.
🔗: https://t.co/qEVnaL3yRL pic.twitter.com/EAKK5onbhA
— Popular Mechanics (@PopMech) May 12,...
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May 29, 2026 / Tyler Durden
Why Stable Systems Fail: The Illusion Of Institutional Control
Why Stable Systems Fail: The Illusion Of Institutional Control
Authored by Luc Lelièvre via The Mises Institute,
There is a persistent belief in modern political life that systems fail because they become fragile. Institutions, it is assumed, weaken under pressure and eventually break down. This intuition is not just incomplete—it is backward.
Systems do not fail when they become fragile; they become fragile because they have already lost contact with the realities they claim to govern. What appears as stability is not strength, but the final illusion of a structure that can...
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Feb 26, 2026 / Tyler Durden
Futures Flat Despite Blowout Nvidia Earnings
Futures Flat Despite Blowout Nvidia Earnings
US equity futures managed to erase overnight losses and were trading flat after Nvidia and Salesforce failed to assuage fears about an overheated AI economy while traders awaited color from today's round of US / Iran talks. As of 8:00am S&P futures were unchanged and nasdaq futures were down 0.1%, with NVDA up 1% premarket but well off overnight highs after its earnings report and guidance smashed expectations while CEO Jensen Huang talked about “exponentially” growing computing demand and “skyrocketing” adoption of AI agents. It wasn’t enough, especially...
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