Apple's Aura Is Starting To Crack

Medicore 30Y Auction Has First Tail Since November After a solid 3Y auction and a tepid 10Y auction earlier this week, moments ago the Treasury concluded the final coupon auction of the week, when it sold $22 billion in a 30 year reopening in what was another average auction. The sale stopped at a high yield of 4.876%, virtually unchanged from 4.871% a month ago and the highest since last July. It also tailed the When Issued 4.871% by 0.5bps, the first tail since November. The bid to cover was 2.385,...

Putin To Visit China Just Days After Trump's Beijing, Demonstrating 'No Limits' Partnership Russian President Vladimir Putin will visit Chinese President Xi Jinping from May 19 to 20, just days after US President Donald Trump concluded his state visit to Beijing, the Kremlin has announced. In a Telegram statement, Russia's Foreign Ministry unveiled that Putin would travel to China "at the invitation" of Xi Jinping, marking the 25th anniversary of the Treaty of Good-Neighborliness and Friendly Cooperation between Russia and China. RIA Novosti/EPA The readout indicates the two leaders will discuss expanding their...

Damon Wilson, the head of the National Endowment for Democracy (NED), was interrupted by a member of Congress during a House oversight hearing on February 24 after revealing that his agency “began supporting the deployment [and] operation of about 200 Starlinks early on” amid the violence which swept through Iran last month. Before he could […]