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Mediocre 3Y Auction Tails Despite Solid Buyside Demand With markets thrown in turmoil following Trump's threat to restart war against Iran in retaliation for downing a US Apache helicopter, it wasn't clear how today's $58 billion 3 year auction would go. In the end, it wasn't great, or terrible: a little tail, but besides that all metrics were relatively solid.   The auction priced at a high yield of 4.192%, up from 3.965% in May and the highest yield since Feb '25. It tailed the When Issued 4.189% by 0.3bps, the...

'Door Is Not Closed': Mediators Still Press For Iran Deal After US Demanded 20-Year Halt To Nuclear Program There's currently some consensus among international reports that the weekend US-Iran peace talks in Pakistan fundamentally broke down over the nuclear issue. The question of Iran's enriched uranium has at times over the course of the war taken a front seat and at other times a back seat when it comes to Washington's evolving justifications and war aims in launching Operation Epic Fury. On Monday a US official has been cited in Axios...

These Are America's Biggest Christian Groups The Catholic Church is America’s largest Christian group - but it doesn’t have the most churches. Drawing on data from the U.S. Religion Census, compiled by Julie Peasley via Visual Capitalist, this visualization compares the country’s biggest Christian denominations by two measures: adherents and congregations. The comparison highlights a key divide in how these groups are structured. Catholics lead by membership, while the Southern Baptist Convention leads by church count. Non-denominational churches also rank near the top on both measures, reflecting how the composition of American Christianity has...