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Treasury Refunding: No Changes To Auction Sizes; Bessent Keeps "At Least" In Forward Guidance
Treasury Refunding: No Changes To Auction Sizes; Bessent Keeps "At Least" In Forward Guidance
In our preview to this morning's Quarterly Refunding Statement, we said that we do not expect major changes and that, at most, the treasury might adjust its statement language to soften the forward guidance on possibly futures increase in coupon auction sizes with one likely change would be dropping “at least” while retaining the expectation for unchanged coupon sizes over “the next several quarters” (recall Deutsche Bank said it expects nominal coupon increases beginning in February 2027).
Overnight, JPMorgan agreed,...
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Jul 8, 2026 / Tyler Durden
"It's Some Bullsh*t": Green River, Wyoming Considered License Plate Readers To "Protect Against Terrorist Attacks"
"It's Some Bullsh*t": Green River, Wyoming Considered License Plate Readers To "Protect Against Terrorist Attacks"
Green River officials are weighing whether to accept a $111,956 federal grant to install automatic license plate readers at key entrances to the city, a proposal that has sparked backlash from some residents over privacy and government surveillance, according to Cowboy State Daily.
The grant, funded through the United States Department of Homeland Security, is intended to help communities prevent and respond to terrorism. Police Chief Shawn Sturlaugson said the cameras would also help officers quickly...
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May 21, 2026 / Tyler Durden
Where Inflation Is Highest In Europe In 2026
Where Inflation Is Highest In Europe In 2026
Inflation has eased from its recent peaks, but price growth remains stubbornly high across much of Europe.
This graphic, via Visual Capitalist's Gabriel Cohen, ranks 36 European countries by annual inflation rate, using the latest available 2026 data from Eurostat and the UK Parliament.
Annual inflation measures how much consumer prices have risen over the previous 12 months, such as from April 2025 to April 2026.
Where Inflation is Highest in Early 2026 in Europe
Romania has the highest inflation rate in Europe at 9.0%, followed by Kosovo at...
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Jun 30, 2026 / Tyler Durden
Israeli Defense Chief Lashes Out At Trump Policy For Preventing Destruction Of Hezbollah
Israeli Defense Chief Lashes Out At Trump Policy For Preventing Destruction Of Hezbollah
Israeli Defense Minister Israel Katz in a talk before reporters Monday ripped the Trump administration, blaming the US for giving into Iran's demands that a peace framework incorporate the Lebanon front.
Trump "exerted pressure" on Israeli PM Benjamin Netanyahu within several telephone calls "in the run-up to the signing of the memorandum of understanding" - and ultimately prevented Israel from disarming and destroying Hezbollah, he asserted.
Katz expressed "regret" at the US linking up Iran and Lebanon, saying: "The...
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