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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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Jun 29, 2026 / Tyler Durden
Hormuz Tanker Traffic Plunges After Fresh US-Iran Strikes
Hormuz Tanker Traffic Plunges After Fresh US-Iran Strikes Tanker traffic through the Strait of Hormuz tumbled since late last week, as ship owners and operators froze up amid the renewed hostilities between Iran and the US over the weekend. The Thursday attack on the container ship Ever Lovely prompted some shipowners to pull back and wait for additional information about how safe transiting the Strait is. The U.S. military on Friday carried out strikes on Iran in response to the attack on the vessel. Then, on Friday and Saturday, the US Central...
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Apr 11, 2026 / Tyler Durden
Climate Organization Behind Anti-ICE Protests Is Leading May 1 School Walkout Plan, Parent Group Reports
Climate Organization Behind Anti-ICE Protests Is Leading May 1 School Walkout Plan, Parent Group Reports Authored by Aaron Gifford via The Epoch Times (emphasis ours), One of the main organizations behind the recent protests against Immigration and Customs Enforcement (ICE) operations is encouraging children to walk out of class en masse next month to help promote its agenda, which includes achieving what it said are “Eco-socialism, [a] multi-racial democracy, and Green New Deal legislation,” according to a April 8 report by representatives of parent group Defending Education. Organized by the Sunrise Movement,...
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Aug 27, 2026 / Derek Wheeler
Marcus Licinius Trump
Even the richest man in Rome was relegated to the shadows of his contemporaries. Before allying with Pompey and Caeser to form the First Triumvirate, Marcus Licinius Crassus amassed his wealth through shady real estate deals. Often bargaining for pennies on the dollar (or asses on the sestertius), victims of house fires were presented with […]
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