US Offers To Ignite Sectarian War

Netanyahu Says Israel Will Continue To Fight Iran & Proxies, Unlike Appeaser Erdogan As expected, Israel says it is preparing to keep waging war against Iran - even as the US and Tehran are engaged in high level talks in Pakistan. Clearly Tel Aviv has a dim view of the potential outcome in the Islamabad summit. Israeli Prime Minister Benjamin Netanyahu in a fresh statement Saturday vowed he will continue fighting Iran and its allies, in a post that also took a swipe at Turkish President Recep Tayyip Erdogan. Israel under my...

Mediocre 2Y Auction Prices At Highest Yield Since Feb 2025 With Treasury yields sliding 4 days in a row, today's 2Y auction was not seen as especially concerning (certainly not as much as a week ago, when the 10Y was knocking on 4.70%'s door, vs 4.50% where it trades today). Still, while the auction did have it strong sides, it was hardly stellar. Starting at the top, the $69BN sale of 2Y paper priced at a high yield of 4.071%, up 26bps from 3.812% a month ago, and the highest since...

President Trump said on Sunday that Iran’s response to the latest US proposal to reach a deal was “totally unacceptable,” signaling that the two sides are still not close to reaching a deal. “I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like it — TOTALLY UNACCEPTABLE! Thank you for your attention […]