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Russian Drone Hits Chinese Ship In Black Sea, Less Than 24-Hours Before Xi-Putin Summit
Russian Drone Hits Chinese Ship In Black Sea, Less Than 24-Hours Before Xi-Putin Summit
Just 24 hours before Presidents Vladimir Putin and Xi Jinping are set to meet for their planned summit in Beijing, soon on the heels of Trump's visit, and a geopolitical wrench may have just been thrown into the works.
According to Ukrainian President Volodymyr Zelensky, Russian forces have attacked a Chinese ship heading toward a Ukrainian port - a provocative move that threatens to seriously anger Beijing at the worst possible diplomatic moment.
via Ukraine Navy
Early Monday morning,...
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May 26, 2026 / Tyler Durden
Mediocre 2Y Auction Prices At Highest Yield Since Feb 2025
Mediocre 2Y Auction Prices At Highest Yield Since Feb 2025
With Treasury yields sliding 4 days in a row, today's 2Y auction was not seen as especially concerning (certainly not as much as a week ago, when the 10Y was knocking on 4.70%'s door, vs 4.50% where it trades today). Still, while the auction did have it strong sides, it was hardly stellar.
Starting at the top, the $69BN sale of 2Y paper priced at a high yield of 4.071%, up 26bps from 3.812% a month ago, and the highest since...
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Nov 10, 2026 / Kyle Anzalone
House Effectively Kills Massie’s Articles of Impeachment Against Hegseth
The House voted to refer the articles of impeachment against Secretary of War Pete Hegseth to committee, effectively killing the legislation. On Tuesday, the House voted, 211-204, in favor of a motion to refer Republican congressman’s articles of impeachment against Hegseth to committee. While multiple sources had reported that Massie had secured enough Republican support […]
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Apr 4, 2026 / Tyler Durden
Iran Allows Iraqi Ships To Use Strait Of Hormuz As Total Weekly Transits Reach HIghest Since War Began
Iran Allows Iraqi Ships To Use Strait Of Hormuz As Total Weekly Transits Reach HIghest Since War Began
Over the past two weeks we have been chronicling the increased rate of crossing across the "blockaded" strait of Hormuz as a growing number of ships from friendly nations - whether untolled Chinese tankers or toll-paying Indian, Japanese and Korean vessels - have been making the passage. And as traffic through the Hormuz strait has been picking up in the past week, the seven-day rolling average for transits on Friday reached the...
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