Stellar 10Y Auction Stops Through, With 3rd Highest Foreign Demand On Record

Rate Hike Odds Tumble After Warsh Does Not Address October FOMC Meeting In our morning wrap we said that market sentiment was boosted overnight following Kevin Warsh's speech at the IMF meeting in Bangkok, specifically "The day's driver is Warsh (or rather what he didn't say): with the blackout starting Saturday, the Fed chair declined to push back on rate expectations and instead talked up a "massive investment surge" from AI." Goldman set the context, with its chief economist Jan Hatzius writing in a note overnight that in comments at the IMF’s...

EU Ministers Fail To Suspend EU-Israeli Cooperation Agreement; Germany Calls 'Inappropriate' Via Remix News, A move to end the EU-Israel Association Agreement has been struck down, led by objections from Germany, Austria, and Italy. The accord, in existence since 2000, has served as the framework for EU-Israeli relations pertaining to both trade and foreign policy, with a key pillar being Israel’s access to the markets of EU member states. 13 October 2025, Berlin: The flags of Israel, the EU and Germany fly in front of the Berlin House of Representatives. Following the...

Secretary of State Marco Rubio told reporters on Thursday that the chances of reaching an “agreement that’s peaceful” with Cuba are “not high,” comments that come after the US indicted a former Cuban president, setting up a pretext for a potential attack. “They’re not going to be able to wait us out or buy time,” […]