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Stellar 7 Year Auction Sees 3rd Highest Foreign Award On Record
Stellar 7 Year Auction Sees 3rd Highest Foreign Award On Record
In the week's final coupon auction, the US Treasury sold $44 billion in 7 Year notes to stellar demand.
Extending on the strength yesterday's solid (if tailing) 5 Year auction, today's 7 Year sale printed at a high yield of 4.290%, up from 4.175% and the highest since Jan 2025. It also stopped through the When Issued 4.291% by 0.1bps, the first stop through since December 2025.
The bid to cover was 2.518, up from 2.513 and the highest since...
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Mar 14, 2026 / Tyler Durden
Media Says 'Gambling' Trump Got Lucky On The Economy
Media Says 'Gambling' Trump Got Lucky On The Economy
Democrats have been predicting doom and gloom ever since Trump returned to office, yet the economic calamity they assured us would come has yet to materialize. But rather than give Trump credit, the narrative being pushed now is that his wins are just dumb luck.
(Washington Post staff illustration; photo by Jabin Botsford/The Washington Post, iStock)
That’s certainly the message of a Politico piece headlined "Trump Keeps Gambling With the Economy — And Getting Away With It.”
"President Donald Trump has spent his...
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Mar 19, 2026 / Kyle Anzalone
Department of War Seeks $200 Billion More to Fund Iran War
The Department of War says it needs $200 billion in additional funds for the war against Iran. Pentagon chief Pete Hegseth suggested the number could go higher. According to a senior administration official speaking with The AP, the Department of War submitted the spending request to the White House. Congress will have to pass a supplemental military […]
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Jul 9, 2026 / Tyler Durden
Starbucks Using AI To Build Software Replacing Applications It Buys From Microsoft, IBM
Starbucks Using AI To Build Software Replacing Applications It Buys From Microsoft, IBM
Corporate America has been desperate to see a burst of productivity (i.e., cost cutting) emerging from the latest flood of agentic AI euphoria, and it is slowly starting to get it. Not everyone will be pleased.
Starbucks is developing in-house tools with the help of artificial intelligence that could replace some software applications it now buys from companies such as Microsoft and IBM.
According to Bloomberg, the coffee chain, whose stock price has gone nowhere in the past 3...
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