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Stellar 10Y Auction Stops Through Thanks To Surge In Foreign Demand
Stellar 10Y Auction Stops Through Thanks To Surge In Foreign Demand
After yesterday's mediocre 3Y auction, moments ago the Treasury held a stellar 10Y reopening (of cusip QQ7).
The sale of $39 billion in 9 Year-11 Month paper priced at a high yield of 4.538%, up from 4.468% last month, and 0.1bp through the 4.539% When Issued. This was the first stop through following 4 sequential tails for the tenor.
The bid to cover rose from 2.402 to 2.565, well above the six-auction average and the highest since Sept 25.
Internals were impressive:...
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Apr 3, 2026 / Tyler Durden
FBI Issues Public Alert On Americans Using Foreign Apps
FBI Issues Public Alert On Americans Using Foreign Apps
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The FBI identified data security risks from foreign-developed mobile apps used in the United States, the agency warned in a March 31 public service announcement.
In this photo illustration, a hacker types on a computer keyboard on May 13, 2025. Oleksii Pydsosonnii/The Epoch Times
“As of early 2026, many of the most downloaded and top-grossing apps in the United States are developed and maintained by foreign companies, particularly those based in China,” the FBI...
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Jun 8, 2026 / Dave DeCamp
Trump Says Iran and Israel Must ‘Stop Shooting’ After They Exchange Strikes
President Trump said on Monday that Iran and Israel must “stop shooting,” comments that came after Israel bombed Iran following Iranian strikes on northern Israel in response to Israel’s strikes on Beirut’s southern suburbs. “Israel and Iran must immediately stop ‘shooting.’ President DONALD J. TRUMP,” the president wrote on Truth Social. Israel launched strikes in […]
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May 2, 2026 / Tyler Durden
Berkshire Cash Hits A Record $397 Billion As Company Sells Most Stocks In 2 Years
Berkshire Cash Hits A Record $397 Billion As Company Sells Most Stocks In 2 Years
The head of Berkshire may be new, but nothing has changed in the business model.
In Berkshire's first quarter Greg under Abel, who succeeded Buffett in January as Berkshire's chief executive, the company on Saturday reported a higher first-quarter operating profit even as economic uncertainty weighed on several of its consumer-oriented businesses. The Omaha, Nebraska-based conglomerate built by Warren Buffett and now led by Greg Abel also reported a record cash level, reflecting continuing difficulty finding investments...
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