Israeli Strike on Vehicle in Gaza City Kills Three

Terrible 5Y Auction: Worst Bid To Cover In 4 Years, Highest Tail Since 2024, Dealers Jump Another day, another very ugly auction. After yesterday's appallingly bad 2Y auction, moments ago the Treasury sold $70BN in 5Y paper in what was another terrible auction. Just after 1pm, the auction stopped at a high yield of 3.966%, up from 3.608% in February and the highest since May 2025. It also tailed the When Issued 3.966% by 1.4bps, the biggest tail since Oct 2024. The bid to cover was 2.29, down from 2.32 last month and...

Demoralizing The Whole Citizenry To The Max Authored by James Howard Kunstler, The Curse It Is Cast... “I have nothing to hide. I can explain and validate everything that I’ve done.” - Dr. Anthony Fauci, recorded for TV in 2022 However you cut this Fauci business, one thing Americans have learned is how slippery and treacherous this thing called The Law has become. You saw it in the sundry Trump prosecutions of 2024, too - a marvelous demonstration of how to play Hide-the-Salami with the truth about anything and everything. You saw it in the...

Israeli forces entered the Quneitra Governorate again on Sunday and established and set up a new military checkpoint along the road near al-Rafid, in the southern part of that governorate, in southwestern Syria. The Israeli troops at the checkpoint stopped and searched Syrian civilians passing by, checked their IDs, and searched their vehicles. So far […]