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Ugly, Tailing 30Y Auction Makes History With First 5%+ Yield Since The Great Quant Crash Of Aug 2007

Ugly, Tailing 30Y Auction Makes History With First 5%+ Yield Since The Great Quant Crash Of Aug 2007 Moments ago, the last refunding auction of the week, the sale of $25BN in 30Y paper, made history: it was the first 30Y auction to print with a high yield above 5%, and a coupon of 5%, since August 2007... which as veteran traders will recall was the month of the historic quant crash which marked the S&P highs at the time and eventually culminated in the global financial crisis.  The auction priced...
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Apr 14, 2026 / Tyler Durden
Swalwell Resigns From Congress - Effective TODAY, After Fresh Rape Allegation And Corroborating Campaign Records
Swalwell Resigns From Congress - Effective TODAY, After Fresh Rape Allegation And Corroborating Campaign Records Rep. Eric Swalwell (D-CA) resigned from Congress on Tuesday, effective today, capping a stunning collapse of his political career just one day after he suspended his bid for California governor. The move came hours after a new accuser, Lonna Drewes, held a press conference in Beverly Hills alleging that Swalwell drugged, raped, and choked her unconscious in a West Hollywood hotel room in July 2018. Drewes, a former model and fashion technology entrepreneur, told reporters she...
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Apr 23, 2026 / Dave DeCamp
Trump Continues Yemen Drone War With Virtually No Media Attention
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Apr 1, 2026 / Tyler Durden
Not Just Cigarettes, Vaping Likely Causes Cancer, Major Study Finds
Not Just Cigarettes, Vaping Likely Causes Cancer, Major Study Finds A new report from researchers at the University of New South Wales in Australia, published in Carcinogenesis, finds that nicotine-based e-cigarettes are likely to cause lung and oral cancers, a finding that may alarm the millions of young people, from high school through college, and into the professional world, who use them heavily.  Researchers examined human studies, animal experiments, and lab tests. Together, they found signs that vaping can damage DNA, cause inflammation and oxidative stress, and expose users to...
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