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Average 7Y Auction Stops On The Screws As Foreign Demand Slides
Average 7Y Auction Stops On The Screws As Foreign Demand Slides
After a solid 2Y auction and a subpar 5Y auction earlier this week, moments ago we got the week's final Treasury issuance when the US auctioned off $44BN in 7Y paper in a perfectly average sale.
Starting at the top, the bond priced at a high yield of 4.260%, down modestly from 4.290% last month and in the middle of a range established in late-2023 after which the 7Y has traded between 3.50% and 5%. The auction also priced...
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Aug 11, 2026 / Tyler Durden
Mysterious Drone Threat Emerges At America's "Unsinkable Aircraft Carrier," Prompting Curfews
Mysterious Drone Threat Emerges At America's "Unsinkable Aircraft Carrier," Prompting Curfews
One of the most strategically important US military bases outside the continental U.S., often described as an "unsinkable aircraft carrier" in the central Indian Ocean, faces a mysterious drone threat, according to a new report.
TWZ cited the UK Ministry of Defense, which said it was aware of reported drone sightings over the remote US-UK military base but declined to identify the drones.
"We are aware of reported sightings of drones (UAS) over Diego Garcia," the UK Defense Ministry (MoD) told...
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Jun 23, 2026 / Tyler Durden
US Senate Passes Housing Bill With Four-Year Fed CBDC Ban
US Senate Passes Housing Bill With Four-Year Fed CBDC Ban
Authored by Micah Zimmerman via BitcoinMagazine.com,
The U.S. Senate passed a sweeping housing affordability bill Monday night — and tucked inside its pages is a provision that could permanently reshape America’s digital currency landscape: a formal ban on a Federal Reserve-issued central bank digital currency through the end of 2030.
The 21st Century ROAD to Housing Act cleared the Senate 85-5, with Republican leaders insisting the CBDC restriction ride along with one of the most bipartisan bills in years. The House was poised to...
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Jul 22, 2026 / Dave DeCamp
US and Saudi Arabia Sign Nuclear Agreement That Could Lead To Saudi Uranium Enrichment
The US and Saudi Arabia signed a nuclear agreement on Wednesday under which Washington will help Riyadh establish a nuclear program that could lead to uranium enrichment on Saudi soil. The Energy Department said that US Energy Secretary Chris Wright and his Saudi counterpart, Abdulaziz bin Salman Al Saud, signed a deal known as a […]
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