No, The Spanish Invaders Have Not All Just 'Gone Home'

IMF Warns US Treasury Market Prone To "Sudden Repricing" Due To Soaring Debt, Overreliance On Bills The International Monetary Fund warned Wednesday that the relentless US debt issuance is undermining the premium Treasuries have commanded from investors, with implications for government securities across the globe. “The increase in the US Treasury security supply is compressing the safety premium that US Treasuries have traditionally commanded — an erosion that pushes up borrowing costs globally,” the Washington-based IMF said in its latest Fiscal Monitor report. The US has been selling large volumes of debt...

The Future Of American Drone Warfare Authored by Adam Sharp via The Daily Reckoning, While the war with Iran might be nearing a resolution, the war in Ukraine is heating up. Whether this is the next stage in escalation, or the grand finale remains unclear. But lessons continue to emerge from this conflict, and world powers are beginning to act on them at scale. Ukrainian long-range drones continue to hammer Russian energy and military sites. Targets up to 1,700 kilometers inside Russia are being hit. A Ukrainian long-range drone. Source: AP These strikes are causing...