"Next Month, Next Quarter, Next Year"

FedEx, UPS Slide After Amazon Opens Freight Network To All Businesses Shares of transportation and logistics giants FedEx and UPS dropped in premarket trading after Amazon debuted Amazon Supply Chain Services, opening its freight network to sellers far beyond the Amazon marketplace. Amazon said ASCS is a move to "open its freight, distribution, fulfillment, and parcel shipping capabilities to businesses of all types and sizes." It gives companies outside the Amazon marketplace access to a global delivery network with two- to five-day delivery and 24/7 service. "With this launch, Amazon is expanding...

President Trump is expected to advance a massive $14 billion arms package for Taiwan, according to Rep. Michael McCaul (R-TX), the former chair of the House Foreign Affairs Committee, who made the remarks during a visit to Taipei this week. The Trump administration approved a massive $11 billion weapons sale for Taiwan in December 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...