Dismal, Tailing 10Y Auction Sees Lowest Foreign Demand Since Jan 2025 As Yields Soar

Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise Gold plunged back below $4,000 an ounce for the first time since November 2025 this morning, as a resurgent dollar and the prospect of higher interest rates bring bullion’s three-year bull market to a halt (now down 30% from its January highs). The precious metal has posted double-digit gains for each of the last three years, more than doubling in price as central banks, money managers and retail investors all piled into the trade. That rally ran out...

US Military Shoots Down Inbound Iranian Attack Drones Over Hormuz, Bombs Coastal Sites Summary: The US reportedly military intercepted and shot down at least four Iranian one-way attack drones CENTCOM says coastal radar and missile sites bombed in retaliation. Iran Military Fires "Warning Missiles" At US Destroyers In Gulf of Oman; U.S. CENTCOM Denies Report  Iran FM Warns American Bases Are Legitimate Targets, Cites 'No Tangible Progress' In Talks Polymarket  US x Iran permanent peace deal by June 30, 2026? Yes 25% · No 76%View full market & trade on Polymarket Strait of Hormuz traffic returns to normal by...

US Govt Settles With Former NYT Reporter In Biden/Twitter Censorship Case Authored by Zachary Stieber via The Epoch Times, The U.S. government has reached a settlement with a former New York Times reporter who was kicked off Twitter during the COVID-19 pandemic for posts about vaccines. Officials in a settlement agreement dated May 11 and obtained by The Epoch Times said that the government “did in fact violate the First Amendment by exerting substantial coercive pressure on social media companies such as Twitter to suppress disfavored speech like Plaintiff’s,” referring to former...