US Strike on Home in Iran’s Qeshm Kills Father, Mother, and Their Two-Year-Old Child: Iranian Media

Ugly, Tailing 30Y Auction Makes History With First 5%+ Yield Since The Great Quant Crash Of Aug 2007 Moments ago, the last refunding auction of the week, the sale of $25BN in 30Y paper, made history: it was the first 30Y auction to print with a high yield above 5%, and a coupon of 5%, since August 2007... which as veteran traders will recall was the month of the historic quant crash which marked the S&P highs at the time and eventually culminated in the global financial crisis.  The auction priced...

Sheer Madness: UK Tests Long-Range Missile For Ukraine To Bomb Moscow Ukraine is making it clear they are seeking to "bring the war to Russia" - and this is what's behind the recent series of massive Ukrainian drone strikes on Moscow, which has wreaked havoc particularly on energy refineries, and air travel for the region. That Ukraine desperately wants to gain back what leverage they are able to is fully understandable, however, that NATO is backing such actions against a nuclear-armed superpower constitutes madness.  Aside from covert targeting assistance, the UK is...

Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown Website builder Wix announced an "organizational realignment" on Monday that will cut roughly 20% of its workforce, as the company warned of a sharper-than-expected slowdown in its Partners business. The restructuring is designed to streamline operations, discontinue lower-priority initiatives, and reallocate resources toward Wix's core growth areas. "The organizational realignment to streamline operations and reallocate resources to support the Company's top strategic priorities. This includes the scaling down and/or discontinuation of certain activities, initiatives, products, and subsidiaries," Wix wrote...