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Average 2Y Auction Stops Through, Has Highest Yield Since Jan 2025
Average 2Y Auction Stops Through, Has Highest Yield Since Jan 2025
In the week's first coupon auction, moments ago the Treasury sold $69BN in 2Y notes at a high yield of 4.189%, up from 4.071% and the highest yield since January 2025; the auction also stopped through the When Issued 4.192% by 0.3bps, the biggest through since January.
The bid to cover was perfectly average at 2.643, unchanged from last month's 2.640 and right on top of the recent average of 2.61.
Internals were a bit on the weak side, with Indirects...
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May 28, 2026 / Tyler Durden
US To Start New Trade Talks With Mexico
US To Start New Trade Talks With Mexico
Authored by Tom Gantert via The Epoch Times,
The Trump administration said Wednesday it will begin a series of trade negotiations with Mexico this week tied to the first review of the U.S.-Mexico-Canada Agreement (USMCA), with no talks involving Canada announced so far.
The talks are part of the first formal review process for the U.S.-Mexico-Canada Agreement since it replaced the North American Free Trade Agreement in 2020.
U.S. Trade Representative Jamieson Greer speaks during a tour of the Atomic Industries manufacturing facility in Warren,...
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Sep 26, 2026 / Tyler Durden
Diesel Export Ban Off The Table? Ted Cruz Relays White House Assurances To Refinery Heads
Diesel Export Ban Off The Table? Ted Cruz Relays White House Assurances To Refinery Heads
As of early Saturday morning, AAA data put the national average retail diesel price at about $6.48 a gallon, slightly below its recent record high, while Brent crude settled on Friday around $104.30 a barrel. The modest pullback leaves fuel costs elevated and maintains pressure on the White House to deliver relief before the midterms.
The Trump administration's messaging on a potential diesel export ban has exposed differing views over how to address the global refining...
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CJ Killmer
PODCAST: DHP Villains: Woodrow Wilson, Part 10




