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Stellar 20Y Auction Stops Through, With Highest Foreign Demand In 2 Years
Stellar 20Y Auction Stops Through, With Highest Foreign Demand In 2 Years
In a quiet day for stocks, which are now trading near session lows, which in turn is prompting a bid for safety, the Treasury complex was already trading at the best levels of the day ahead of today's Treasury auction. Then just after 1pm, the stellar results from today's 20Y auction (technically a 19 Year 11-month reopening of cusip UV8), confirmed the solid demand for US paper.
Today's sale of $13BN in 20Y paper was solid from top to...
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Jul 30, 2026 / Tyler Durden
Das: The End Of American Greatness?
Das: The End Of American Greatness?
Authored by Satyajit Das via New India Exporess,
A U-turn for the US in its 250th birthday
America’s claim to singularity rested on plentiful resources, cheap labour, govt largesse and military edge. With all of the factors fraying, it needs a hard look at the mirror
As the United States of America celebrates the 250th anniversary of its independence, it is useful to reflect on the nation’s ascent. History and geography foremost. A virgin territory for European colonisers provided a fresh start escaping the encumbrances, distinctions, hatreds and...
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Jul 13, 2026 / Tyler Durden
Where It Costs The Most To Own A Car In America
Where It Costs The Most To Own A Car In America
Buying a car is only the beginning. Every year afterward, drivers face a steady stream of expenses—from insurance and fuel to repairs and taxes—that can add up to thousands of dollars.
Using data from LendingTree, Visual Capitalist's Dorothy Neufeld created this map comparing average annual car ownership costs across every U.S. state and Washington D.C., excluding car payments, revealing where those ongoing expenses place the biggest burden on drivers.
The Annual Car Ownership Costs by State
Here’s how annual ownership costs compare across...
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Jun 16, 2026 / Tyler Durden
China's DRAM Giant CXMT Gets Final Nod For Largest Mainland IPO Since 2022
China's DRAM Giant CXMT Gets Final Nod For Largest Mainland IPO Since 2022
Chengxin Memory Technology, China’s leading maker of DRAM (dynamic random-access memory) chips, has had its initial public offering approved by the country’s securities watchdog, clearing the way for the Chinese mainland’s biggest stock market listing since 2022.
CXMT’s registration to go public on Shanghai’s Nasdaq-style Star Market became effective on June 12. The Hefei-based company is planning to raise CNY29.5 billion (USD4.4 billion) by issuing 10.6 billion shares, which would also make it the Star Market’s second-largest IPO.
As...
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