Article
Dismal, Tailing 10Y Auction Sees Lowest Foreign Demand Since Jan 2025 As Yields Soar
Dismal, Tailing 10Y Auction Sees Lowest Foreign Demand Since Jan 2025 As Yields Soar
With 30Y yields trading on the wrong side of 5% today, all eyes were on today's 10Y refunding auction to see if it would be ugly enough to push yields to 4.50% or higher. Here is what happened.
Just after 1pm, the Treasury announced that the high yield on today's sale of $42 billion in 10Y paper was 4.468%, the highest yield since Jan 2025, and a 0.4bps tail to the When Issued 4.464%, the 4th consecutive...
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Mamdani Campaign Alum Living In China Talks US Revolution: "Very Surprised If There's No Violence Going Forward"
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Explicit calls to overthrow capitalism only suggest revolutionary goals within the reformist socialist movement. There have been reports that some of these reformist socialists have coordinated with foreign subversion networks in Cuba and China or used NGOs to conduct hybrid information warfare.
President Trump has clearly been briefed.
.@POTUS: The Cuban regime has also spent decades coordinating with left-wing radicals and Communist networks here in the United States. As our State Department has detailed, they have cultivated ties to...
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Iran Threatens To Reclose Strait, As US Military 'Ready' to Restart Blockade: 'Trump Will Certainly Lose'
Iran Threatens To Reclose Strait, As US Military 'Ready' to Restart Blockade: 'Trump Will Certainly Lose'
Summary
Iran threatens to reclose the Strait of Hormuz and suspended final talks with the US.
The US earlier revoked an Iranian oil waiver & now signals readiness to restore a maritime blockade.
Trump said the ceasefire is over and warned of fresh US strikes on Iran, probably "tonight".
Oil jumps above $80 as fears of renewed conflict & return to Hormuz Strait closure intensifies.
Strait of Hormuz traffic returns to normal by August 31?
Yes 19% · No 82%View...
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