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

Stellar 10Y Auction Stops Through, With 3rd Highest Foreign Demand On Record Following yesterday's stellar 3Y auction, moments ago - with yields surging to the highest level since mid-May - the Treasury completed the sale of $39BN in a 9 Year 10 Month reopening of 10Y cusip QQ7, in what was another spectacular auction. The note sale, which priced just after 1pm ET, stopped at a high yield of 4.580%, up from last month's 4.538%, and stopped through the When Issued 4.586% by 0.6bps, the biggest stop through since Sept '25. The...
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Mar 26, 2026 / Tyler Durden
Western Intel Says Russia Preparing Kamikaze Drone Shipment To Iran
Western Intel Says Russia Preparing Kamikaze Drone Shipment To Iran A senior Western official told Financial Times reporters that new intelligence indicates Moscow is preparing to ship a batch of kamikaze drones to Iran as part of a broader support package, with the US-Iran conflict nearing the one-month mark. When asked about the drone shipment, Kremlin spokesperson Dmitry Peskov told FT reporters, "There are a lot of fakes going around right now. One thing is true: we are continuing our dialogue with the Iranian leadership." One thing is certain: Iranian forces have...
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Jun 24, 2026 / Dave DeCamp
US Central Command Launches Airstrike in Syria, Says ‘Senior ISIS Leader’ Killed
US Central Command on Wednesday said that its forces launched an airstrike in Syria on June 19 that it claimed killed a “senior ISIS leader,” an attack that came more than two months after the US completed a withdrawal from the country. CENTCOM identified the target as Ali Husayn al-‘Ulaywi and offered no other details […]
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Jul 20, 2026 / Tyler Durden
The Next Phase Of Shrinkflation: Rolling Blackouts
The Next Phase Of Shrinkflation: Rolling Blackouts Via SchiffSovereign, The lights went on at approximately 3pm on September 4, 1882 in New York City. Thomas Edison (with major funding from JP Morgan) had spent roughly two years building the first-ever commercial power plant, located in Manhattan’s financial district. Its total capacity was about 600 kilowatts… barely enough to power a single rack of GPUs today. But at the time it was nothing short of miraculous. Edison’s coal-fired DC power plant initially served just 82 customers, and electricity was nothing more than a luxury flex by the...
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