Iranian Tankers Cross US Naval Blockade After Trump Deal Allows Iran To Restart Oil Sales

Has Trump Opened Pandora's Box? Authored by John Rosenburger, Senior Fellow at Eisenhower Media Network The limits of U.S. military power are now fully exposed. 2.5 months in to the U.S.-Israeli war against a nation that posed no threat to the United States’ vital interests, justified by a pyramid of lies, several things are abundantly clear. President Trump failed to define clear and viable political objectives to achieve in our role as Israel’s proxy in yet another war of choice. “Viable” here meaning objectives that are realistically attainable through the military means at a nation’s...

5Y Auction Tails Despite Jump In Foreign Demand, Yields Hit Session High After a mediocre 2Y auction to start the week's coupon issuance this morning, moments ago the Treasury sold 5Y notes in another average auction. The sale of $70BN in 5 Year paper stopped at a high yield of 3.955%, down fractionally from 3.980% last month, and tailing the When Issued 3.950% by 0.5bps. This was an improvement from last month's 1.4bps tail, but more concerningly this was the 11th tail in a row for 5Y issues. The bid to cover...

Italian Prime Minister Giorgia Meloni said that Rome would not renew its defense pact with Tel Aviv. Israeli Foreign Minister Gideon Sa’ar downplayed the decision. Italy “has decided to suspend the automatic renewal of the defense agreement with Israel in consideration of the current situation,” Meloni told reporters at an event on Tuesday. Rome’s defense […]