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Tailing 30Y Auction Prices At Highest Yield In 25 Years

Tailing 30Y Auction Prices At Highest Yield In 25 Years After yesterday's ugly 10Y auction, moments ago we got the last of the week's refunding auctions, when the Treasury sold $25BN in 30Y paper (the same paper that has seen yield shoot up in the past week, ever since Warsh's most recent FOMC meeting in which he left the long-end hang out to dry), and just like the 10Y auction before it, this one was also rather deplorable. Pricing at a high yield of 5.216%, the auction tailed the When Issued...
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Apr 29, 2026 / Tyler Durden
Watch Live: Fed Chair Powell's Last Press Conference
Watch Live: Fed Chair Powell's Last Press Conference With Kevin Warsh having won the backing of the Senate Banking Committee on a 13-11 party-line vote to be the next chair of the Federal Reserve, it's pretty much a done deal that this will be Jerome Powell's final press conference as Fed Chair. And while The Fed took no action - as 100% expected - the question remains whether Powell will lean hawkish (oil crisis means inflation tsunami) or dovish (higher costs drag on economy and need support) despite the most dissents (3...
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Jun 11, 2026 / William L. Anderson
How American Progressives Influenced Hitler
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Sep 11, 2026 / Tyler Durden
Leopold Is Back: Situational Awareness Rerunning Exact Same Trades Which Blew It Up A Month Ago
Leopold Is Back: Situational Awareness Rerunning Exact Same Trades Which Blew It Up A Month Ago A few days ago before it became public knowledge that the hilariously misnamed "hedge" fund Situational Awareness, run by a 24-year-old German ultra liberal who was fired by OpenAI, and then launched a new career investing like the most degenerate Korean momentum chaser blew up in explosive supernova fashion as a result of massive leverage in a handful of high beta momentum stocks like Sandisk, AMD and Bloom Energy, we warned that someone was blowing...
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