US Treasury Sells $139BN In Two Polar Opposite Auctions: A Stellar 2Y And A Dismal 5Y

Maryland Blames Data Centers For $1.6 Billion Power Bill Shock, Omits Green Energy Mess Maryland's Office of People's Counsel released a new report warning that homeowners in the state could face $1.6 billion in additional power bill costs over the next decade to subsidize transmission line upgrades, largely due to data center demand outside Maryland, more specifically from data centers in Northern Virginia. OPC filed a complaint with the Federal Energy Regulatory Commission (FERC) arguing that PJM Interconnection, the largest U.S. grid operator, is forcing Maryland power customers to shoulder costs...

"The Gift That Keeps Giving": Five Ways Republicans Benefit From Democratic Socialist Victories Radical leftists and Islamist activists are increasingly converging inside the Democratic Party as Democratic Socialists of America, forming what can only be described as a "red-green alliance." United by their hatred of America and capitalism, this unholy alliance of far-left radicals is drawing support from migrant voting blocs and purple-haired white liberals holding worthless woke college degrees who work three jobs. Perhaps it was not capitalism that failed those with worthless woke degrees, but the Marxists who run...

Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year Add another vocal warning to the chorus singing about the dangers of private credit.  DoubleLine CEO Jeffrey Gundlach, who has been especially critical of private credit for the past year warning last November that the space “has the same trappings as subprime mortgage repackaging had back in 2006,” raised fresh concerns about financial advisers and other principals who ushered retail investors into private credit and other so-called...