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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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May 30, 2026 / Tyler Durden
Intercepted Iranian Missile Damages U.S. Reaper Drones, Injures Five At Kuwaiti Air Base
Intercepted Iranian Missile Damages U.S. Reaper Drones, Injures Five At Kuwaiti Air Base
An Iranian Fateh-110 short-range ballistic missile targeted Kuwait's Ali Al Salem Air Base, a key operational hub for the U.S. Air Force's expeditionary forces in the Gulf region.
An initial report from Bloomberg News indicates that Kuwaiti air defenses intercepted the tactical ballistic missile in the last 24 hours, but falling debris struck part of the base, injuring five Americans and damaging one MQ-9 Reaper drone while severely damaging another.
About five people, including both contractors and active...
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Jul 2, 2026 / Tyler Durden
Treasure Hunters Recover $100K Silver Bar From Legendary 1622 Shipwreck
Treasure Hunters Recover $100K Silver Bar From Legendary 1622 Shipwreck
Treasure hunters searching the waters off the Florida Keys have uncovered a 22-pound silver bar believed to have come from the wreck of the Spanish galleon Nuestra SeƱora de Atocha, according to a new report from SlashGear.The artifact, estimated to be worth about $100,000, is the first silver bar recovered from the legendary wreck site in nearly three decades. It was discovered by divers working with Mel Fisher's Shipwreck Expeditions during a routine recovery mission.
The Atocha was part of a...
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Jul 9, 2026 / Tyler Durden
Judge Hannah Dugan Gets The 'Good Person' Discount In Federal Court




