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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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May 13, 2026 / Tyler Durden
Trump Mulls 'Operation Sledgehammer' If Ceasefire Collapses, But Iran Has Re-Armed
Trump Mulls 'Operation Sledgehammer' If Ceasefire Collapses, But Iran Has Re-Armed
The Pentagon is considering renaming the war with Iran from "Operation Epic Fury" to "Operation Sledgehammer" if President Trump orders a renewed full-scale bombing campaign against Iran, according to an NBC News report published Tuesday.
The report came on the eve of day 75 since the US and Israel launched the conflict. US sources touted to NBC that the United States now has greater military capabilities in the region than it did before the US and Israel launched the war...
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Jul 14, 2026 / Charles Sauer
Why Is the Healthcare System Broken?
Charles Sauer profiles four healthcare entrepreneurs who built functioning free-market alternatives to the broken hospital system before turning to Washington to explain why Capitol Hill is not the solution, walking through the government-created distortions that sustain the status quo.
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Mar 18, 2026 / Kyle Anzalone
Iran Has Destroyed 10 US Radars, Hit Bases Dozens of Times
Iran has inflicted a heavy toll on the network of American radars across the Middle East. Advanced radar systems are crucial for identifying and shooting down missiles and drones. Imagery reviewed by ABC News shows that at least 10 American radars in the Middle East were destroyed in the first two weeks of the war with Iran. […]
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