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Solid 7Y Auction Prices "On The Screws" With Solid Foreign Demand
Solid 7Y Auction Prices "On The Screws" With Solid Foreign Demand
Today's lone coupon auction, the sale of $16BN in 20Y notes, took place at 1pm, just an hour ahead of the FOMC Minutes release, and the auction was generally very strong, with maybe a one glitch.
The sale stopped at a high yield of 5.122%, up from 4.883% in April, and the second highest in the history of the 20Y auction with just the 5.257% in October '23 printing higher. The yield stopped on the screws with the When Issued...
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Jun 9, 2026 / Tyler Durden
Street Unrest In Albania After PM Says Pristine Land 'Belongs' To US-Saudi Investors
Street Unrest In Albania After PM Says Pristine Land 'Belongs' To US-Saudi Investors
Authored by Jake Johnson via Common Dreams
Albanians took to the streets in droves for the eighth consecutive day on Sunday to protest a proposed $1.6 billion luxury resort complex backed by US President Donald Trump’s son-in-law, Jared Kushner, one of several investors in the project, which opponents say is both corrupt and disastrous for wetlands and wildlife.
“One week later, we are still here, stronger than yesterday,” said the Albanian Ornithological Society, a leading critic of the proposed development. “Millions around the world are...
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Apr 15, 2026 / Jonathan Newman
Tax Freedom Day Underestimates How Long You Work for the Government
While Tax Freedom Day is mid-April, Rothbard’s measure of the government's fiscal burden reveals that Americans don’t truly start working for themselves until June 5, over seven weeks later.
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May 20, 2026 / Kyle Anzalone
Trump Said He Will Give Iran ‘One Shot’ to Make a Deal
President Donald Trump said he was giving Iran one more opportunity to submit a workable proposal to end the war. “We’d have to open the [Strait of Hormuz]. That would open immediately,” the President told reporters on Wednesday. “So we’re going to give this one shot. I’m in no hurry.” Negotiations between the US and […]
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