Germany Inks Deal To Buy US Tomahawks, Filling Long-Range Capability Gap

Mediocre 2Y Auction Prices At Highest Yield Since Feb 2025 With Treasury yields sliding 4 days in a row, today's 2Y auction was not seen as especially concerning (certainly not as much as a week ago, when the 10Y was knocking on 4.70%'s door, vs 4.50% where it trades today). Still, while the auction did have it strong sides, it was hardly stellar. Starting at the top, the $69BN sale of 2Y paper priced at a high yield of 4.071%, up 26bps from 3.812% a month ago, and the highest since...

Chinese Hacking Groups Used Shared Attack Tool Against US Aerospace Firms, NGOs Authored by Arthur Zhang via The Epoch Times, Chinese cyber-espionage groups used the same sophisticated hacking tool in campaigns targeting U.S. aerospace companies, nongovernmental organizations, mining companies, and commodity traders, according to two cybersecurity firms that separately investigated the activity. A member of a hacking group is using his computer at their office in Dongguan, Guangdong province, China, on Aug. 4, 2020. Nicolas Asfouri/AFP via Getty ImagesVolexity, a Virginia-based cybersecurity firm, said on Sept. 21 its discovery of another Chinese...

Nigeria Needs New Export Markets As UAE's Exit Rattles OPEC By Tsvetana Paraskova of Oilprice.com Nigeria should market its crude oil to new buyers as the UAE’s decision to leave OPEC is dislocating the balance that the cartel and the OPEC+ group have been seeking for years, according to Wole Ogunsanya, chairman of the Petroleum Technology Association of Nigeria (PETAN). The official urged Nigeria’s state oil and gas firm NNPC and other producers of Nigerian crude to tap new markets. “When OPEC gives you a quota, it’s left for you to find who...