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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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May 28, 2026 / Kyle Anzalone
US Kills Two Men on Boat in the Eastern Pacific
US Southern Command (SOUTHCOM) says it killed two “narco-terrorists” with an airstrike in the Eastern Pacific. “Joint Task Force Southern Spear conducted a lethal kinetic strike on a vessel operated by Designated Terrorist Organizations,” SOUTHCOM posted on X Wednesday. “Intelligence confirmed the vessel was transiting along known narco-trafficking routes in the Eastern Pacific and was […]
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May 13, 2026 / Tyler Durden
Iran Claims 80% Of Bombed-Out Areas Of Tehran Restored, Amid $270BN War Loss Compensation Demand
Iran Claims 80% Of Bombed-Out Areas Of Tehran Restored, Amid $270BN War Loss Compensation Demand
Iran has been seeking to prove its unity and defiance to the world in the aftermath of the 38-days of heavy US-Israeli bombing it endured throughout the Trump-ordered Operation Epic Fury.
Along with fast seeking to rearm and recover its missile capability after the bombardment which heavily targeted above and below-ground missile silos, it is also rapidly rebuilding bombed-out parts of the capital city Tehran.
Getty Images
In what sounds like a surprising and perhaps high estimate, about 80%...
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Jul 8, 2026 / Tyler Durden
Southern Poverty Law Center Pleads Not Guilty To Federal Fraud Charges
Southern Poverty Law Center Pleads Not Guilty To Federal Fraud Charges
Authored by Matthew Vadum via The Epoch Times,
The Southern Poverty Law Center (SPLC) on July 7 entered not guilty pleas again to 11 criminal counts alleging it defrauded donors by sending millions of dollars to informants who infiltrated white supremacist and so-called hate groups that it publicly opposed.
The fresh arraignment of the nonprofit organization under a new superseding indictment took place via videoconference before Montgomery, Alabama-based U.S. Magistrate Judge Kelly F. Pate.
The charges, announced on April 21 by FBI...
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