The WHO Drums Up Fear With Ebola After Hantavirus Scare Fails

Gold Jumps, Curve Flattens On Report Treasury To Tap Trillion-Dollar TGA To Fund Bond Buybacks Having seen yields rebound from their initial decline following the upping of Treasury (long-end) buybacks to 'at least $4BN' per operation (and increased its total planned operations), Treasury Secretary Scott Bessent jawboned late last week about his 'bigger toolkit' and 'asymmetric information' in an attempt to further strengthen the 'Treasury Put'. Unfortunately for him, the market (vigilant as ever), decided to test him with yields ending the week at the highs. So this morning, two senior Treasury officials...

California Has Gay-Certification Program To Tap Into $633 Million For "LGBT" Businesses Authored by Christopher F. Rufo & Austen Hufford via City Journal, Americans are used to handouts for favored groups. Affirmative action in university admissions, corporate “diversity” initiatives, and minority-owned contracting requirements direct opportunities, resources, and contracts to supposedly “oppressed” groups, such as women, Native Americans, blacks, and Hispanics. In California, state Democrats have embraced another kind of favoritism: contracts for state-certified gay-owned businesses. The scheme operates through the California Public Utilities Commission (CPUC), which regulates privately owned utility companies. California utilities...

Turkey Reports Another Iranian Missile Near-Miss Over NATO Skies Another near-miss has unfolded over NATO skies, with Turkey on Monday announcing that air defenses intercepted a ballistic missile fired from Iran. It's another dangerous indication that the Iran war could easily expand into a broader conflict at any moment.  The intercept was carried out by air and missile defense assets positioned in the Eastern Mediterranean, according to the Turkish defense ministry, which offered no further initial details concerning trajectory, type, or what the intended target ultimately was. US Navy image, illustrative This marks...