Ugly, Tailing 30Y Auction Sees Foreign Demand Tumble, Dealer "Backtop" Bid Jump

The US has launched another airstrike in Somalia, according to a press release from US Africa Command, as US media continues to ignore the bombing campaign. AFRICOM said in a release on Friday that its forces launched an airstrike against al-Shabaab on April 30, about 30 miles northeast of Kismayo, putting the attack in Lower […]

Conference Board Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years The Conference Board's measure of Americans' Consumer Confidence fell more than expected in July, from an upwardly revised 92.2 to 90.8 (well below the 92.4 expectation)... The Present Situation index fell to 114.9 (below 117.5 exp) -  its weakest since Feb 2021 while Expectations were unchanged at 74.7 (very slightly better than the 74.4 exp). “Consumer confidence moderated slightly in July, continuing a general downward sloping trajectory since late 2021,” said Dana M Peterson, Chief Economist, The Conference...