"Safeguard Our Homeland": FCC Moves To Ban Foreign Military-Grade Drone Imports

Stellar 2Y Auction Stops Through On Most Foreign Buying Since March 2025 After last week's post "Bessent buyback" fireworks, which sent yields on a rollercoaster ride in the subsequent days, many were very curious to see how today's sale of $69BN in 2 year paper, the week's first coupon auction, would go and whether Bessent inadvertently had impaired primary market issuance. In the end, the auction went through without a glitch. The $69BN auction of 2Y notes priced at a high yield of 4.204%, down notably from 4.315% last month...

"Blockbuster Week" Preview: Fed, ECB, BOJ On Deck, Earnings Avalanche, GDP, PCE Tomorrow marks exactly two months since the strikes on Iran began. As DB's Jim Reid writes, while there is currently a rolling, open ended ceasefire that started on 8 April, the risk of it collapsing at any point remains real. Just as the weekend news looked like it was leaning negatively though, last night reports came through that Iran have offered the US a fresh proposal to reopen the strait and end the war. However as Axios and...

When Do Protest Observers Become Lawbreaking Participants? Authored by Ben Weingarten via RealClearInvestigations, When an ICE agent shot and killed Minneapolis resident Renee Good after she allegedly obstructed immigration authorities with her vehicle, disobeyed their commands, and attempted to flee – drawing fatal fire from an officer nearly struck by the vehicle – politicians and pundits decried her death as murder. They called it particularly unjust because she was not acting as a protester but a legal observer. After federal agents arrested Don Lemon for allegedly disrupting a St. Paul church service in...