Article
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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May 17, 2026 / Tyler Durden
Is A Future War Between The US And Europe Unavoidable?
Is A Future War Between The US And Europe Unavoidable?
Authored by Brandon Smith via Alt-Market.us,
For those who might have been out of the loop over the past few months, there is a war going on between the US and Europe. Largely, it’s western European governments that are the problem – They started the conflict, they continue to perpetuate the conflict, and they tend to cry victim when they suffer any consequences for it.
It’s clear that the European elites have a distaste for US policy. From anti-woke reforms and immigration...
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Apr 22, 2026 / Dave DeCamp
Iran’s IRGC Seizes Two Ships in the Strait of Hormuz
Iran’s Islamic Revolutionary Guard Corps (IRGC) on Wednesday seized two ships in the Strait of Hormuz, a move that comes after the US military seized an Iranian cargo ship in the Gulf of Oman and a tanker carrying Iranian oil in the Indian Ocean. The IRGC said the ships were seized for “committing violations” in […]
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Jun 21, 2026 / Dave DeCamp
Pentagon Tells Lawmakers It Needs Additional $80 Billion for Iran War and Other Costs
The Pentagon has told Congress that it needs $80 billion to pay for the Iran war and other non-war-related costs, The Wall Street Journal has reported. The Pentagon had previously claimed that the war cost $29 billion as of mid-May, a number that doesn’t hold up to scrutiny, as an analysis from Stephen Semler of […]
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