Huckabee Tells Lebanese To Thank Israel For Seedless Watermelons, While Under IDF Bombs

Stellar 2Y Auction Stops Through On Most Foreign Buying Since March 2025 After last week's post "Bessent buyback" fireworks, which sent yields on a rollercoaster ride in the subsequent days, many were very curious to see how today's sale of $69BN in 2 year paper, the week's first coupon auction, would go and whether Bessent inadvertently had impaired primary market issuance. In the end, the auction went through without a glitch. The $69BN auction of 2Y notes priced at a high yield of 4.204%, down notably from 4.315% last month...

CNN 'Expert' Says Iranian Suicide Dolphins Going After US Ships Americans have been subject to a variety of creative wartime propaganda claims by their government stretching back many decades. From the 'incubator babies' hoax of the first Iraq war, to hyping 'mushroom clouds' over US cities during the 2nd Iraq War, to Gaddafi 'mass rape' allegations through distributing Viagra pills to Libyan troops - there seems to be no end to such bizarre claims out of the D.C. beltway, and the mainstream media is consistently a willing participant in spreading...

Chinese EV Makers Turn Abandoned Western Factories Into Global Launchpads Chinese EV companies are rapidly expanding overseas by snapping up unused factory space from struggling Western automakers, many of whom are downsizing traditional gasoline-car production, according to Nikkei. Stellantis recently opened plants in France and Spain to partnerships with Dongfeng and Leapmotor. At the same time, Geely is expected to restart an idle production line at a Spanish factory owned by Ford Motor Company. The trend reflects a broader shift in the auto industry: Chinese EV makers are expanding aggressively while...