Article
When A Toll Isn't A Toll
When A Toll Isn't A Toll
By Benjamin Picton, senior market strategist at Rabobank
When A Toll Isn't A Toll
Yields on 10-year Treasuries finished last week up 11bps to 4.48% while yields on 10-year Bunds rose 8.5bps to 2.93%. Those higher borrowing costs came despite signs of weakening in the US jobs market, a weaker-than-expected prices paid figure on the ISM manufacturing index, and a surprisingly weak Eurozone CPI inflation report that follows in the wake of lower than expected inflation readings in the UK.
Market-based expectations of the future path of...
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Jun 22, 2026 / Tyler Durden
Iran Oil Exports Through Hormuz Hit Wartime High
Iran Oil Exports Through Hormuz Hit Wartime High
While other countries line up on either side of Hormuz, hoping for clarity whether they actually can cross this time, Iran isn’t wasting any time moving its oil out of the Gulf via the Strait of Hormuz after the US lifted the naval blockade outside the chokepoint and the U.S. and Iran discuss a framework on a lasting peace deal.
Even as Western shippers and insurers remain wary of the conflicting signals about how open the Strait of Hormuz really is - after...
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Apr 14, 2026 / Tyler Durden
Australia's Qantas To Cut Domestic Flights Amid Fuel Price Surge
Australia's Qantas To Cut Domestic Flights Amid Fuel Price Surge
Authored by Monica O'Shea via The Epoch Times (emphasis ours),
Australia’s flag carrier Qantas will cut domestic flights and redeploy capacity from the United States towards Europe as fuel prices double.
Qantas Airways ground staff are seen on the tarmac near planes at the domestic terminal of Sydney International Airport in Sydney, Australia on Jan. 14, 2026. David Gray/ AFP via Getty Images
Qantas revealed fuel costs remained turbulent amid the Iran War in an update on its 2026 financial outlook, which noted...
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Jun 7, 2026 / Tyler Durden
Americans' Average Monthly Mortgage Payment Tops $2000 For The First Time Ever
Americans' Average Monthly Mortgage Payment Tops $2000 For The First Time Ever
Authored by Michael Snyder via The Economic Collapse blog,
U.S. households are being financially squeezed at a level that we have never seen before. I have often said that we are in a long-term cost of living crisis that never seems to end, and that is not an exaggeration at all. Just about everything has been getting more expensive in recent years, and as a result our standard of living has been going down. In many areas of the...
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