Intel Jumps To Record High On Deal To Make Chips For Apple, Following White House Pressure

2Y Auction Tails As Foreign Demand Slides Despite Highest Yield In Over 3 Years Ahead of today's auction, with yields sliding early in the day tracking the drop in oil tick-for-tick, some speculated that participants in today's sale of $69BN in 2 year notes would need a modest concession to show enthusiasm for the auction. And even though yields did push wider until the 1pm stop, it appears it was not enough and the auction was notably on the weak side. Starting at the top, the high yield was 4.787%, a...

Odds Of SCOTUS Striking Down Trump's Birthright Citizenship EO Spike Update (1240ET): Odds are not looking good for President Trump's executive order restricting birthright citizenship, as two conservative justices now seem skeptical amid today's oral arguments.  As journalist Eric Daugherty notes on X, "SCOTUS Justice John Roberts is VERY skeptical of President Trump ending birthright citizenship, repeatedly firing back at Trump's top lawyer," noting that Roberts paid no mind when US Solicitor General John Sauer brought up the fact that China has 500 birth tourism companies that bring people to the US to have children.  "That has no impact on the...

Ceuta Invaders Are Now Eating The Cats And Birds: Report Authored by Steve Watson via Modernity News, Volunteer caregivers in the Spanish North African enclave of Ceuta report that cat colonies are vanishing, dead animals are turning up cut apart, and birds such as pigeons and seagulls are being found half-devoured in the weeks since tens of thousands of migrants poured across the border from Morocco. Nearly three weeks after the mass invasion, local reports describe cats displaced or missing, and carcasses discovered in disturbing conditions. Caregivers who have continued feeding the...