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Average 7Y Auction Stops On Screws As Foreign Demand Drops
Average 7Y Auction Stops On Screws As Foreign Demand Drops
A stellar 2Y auction, a subpart 5Y, and it only makes sense that we end the week with a perfectly average sale of $44BN in 7Y bonds.
The last coupon auction of the week priced at a high yield of 4.512%, up from last month's tailing 4.473%, and on the screws with today's When Issued 4.512%. Remarkably, this is the 3rd 7Y auction to price on the screws in 2026 alone, suggesting this tenor may be the most relevant one for...
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Jun 25, 2026 / Tyler Durden
How Hakeem Jeffries Is In Big Trouble Politically After The Primaries
How Hakeem Jeffries Is In Big Trouble Politically After The Primaries
Tuesday night in New York City was no routine Democratic primary. Instead, it turned into a referendum on the Democratic Party itself, and the party lost.
Three socialist-backed candidates, backed by New York City Mayor Zohran Mamdani, won their races. The Democratic establishment got slaughtered, and the man left holding the wreckage is House Minority Leader Rep. Hakeem Jeffries (D-NY).
Every candidate Jeffries backed went down. That alone would be a bad night. What made it worse was the scene at...
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May 3, 2026 / Dave DeCamp
Report: US To Close Military Base Meant to Oversee Gaza Ceasefire Deal That Israel Has Constantly Violated
The Trump administration is set to shutter a US-led military base in southern Israel meant to oversee the Gaza ceasefire deal, which Israel has constantly violated, according to a report from Reuters. The Civil-Military Coordination Center (CMCC) was established after the Gaza ceasefire deal was signed in early October 2025, and 200 US troops were […]
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Aug 16, 2026 / Tyler Durden
The Decline Of Higher Education Continues
The Decline Of Higher Education Continues
Authored by Mike McDaniel via AmericanThinker.com,
During my second career teaching high school English, I noticed several darkly funny but disturbing trends in “higher” education. They were fueled by three primary drivers: abandoning merit, the federal government taking over the student loan industry, and DEI hysteria.
It was Barack Obama who federalized the student loan industry, pushing the idea that everyone should go to college.
To make that idea a reality, it was necessary for the government to guarantee student loans.
That had plenty of unfortunate and foreseeable...
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