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Solid 3Y Auction Stops Through Ahead Of Tomorrow's CPI Report
Solid 3Y Auction Stops Through Ahead Of Tomorrow's CPI Report
Ahead of tomorrow's CPI report (which will come in tame thanks to continued housing disinflation), moments ago the US Treasury sold its first refunding auction, which came in very strong, stopping through the When Issued, and with above par metrics.
Pricing at a high yield of 4.291%, up from 4.179% in July and the highest since Feb 2025, the auction stopped through the When Issued 4.296% by 0.5bps, the 2nd consecutive through auction.
The bid to cover rose to 2.712, up...
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Aug 3, 2026 / Tyler Durden
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The week ahead will be dominated by the US labor market, with the JOLTS report tomorrow, the ADP employment survey on Wednesday, and building up to Friday’s July employment report. Beyond the US, investors will be watching Swiss inflation today, Swedish inflation on Thursday, German activity data throughout the week (culminating in trade and industrial production figures on Friday), Chinese PMI releases on Wednesday ahead of trade data on Friday, and Japanese wage data and BoJ communications...
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US Expands Strategic Foothold On Somalia's Coast As Yemen Conflict Simmers
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Authored by Dave DeCamp via AntiWar.com,
A US military delegation visited the local government in Somalia's northeastern Puntland region on Sunday and signed a deal to expand the US military presence in Bosaso, a port city on the Gulf of Aden, according to the Puntland government.
Saeed Abdullahi Deni, the president of Puntland State, held talks with a delegation led by Maj. Gen. Claude Tudor, the commander of US Special Operations Command Africa.
Maj. Gen. Tudor and President Deni. Source: Puntland government image
"Puntland and...
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Jul 13, 2026 / Tyler Durden
China Builds Full-Scale Model Of US Destroyer In Remote Desert




