The 10-Year Treasury Yield Over 5%? Some Thoughts

DOJ Asks Supreme Court To Approve No-Bond Immigration Detention Policy Authored by Matthew Vadum via The Epoch Times, The Trump administration has asked the U.S. Supreme Court to approve its policy of detaining illegal immigrants who have been in the country for years without releasing them on bond. D. John Sauer, then the U.S. solicitor general nominee, testifies during his confirmation hearing in Washington on Feb. 26, 2025. Chip Somodevilla/Getty Images The petition in Raycraft v. Lopez-Campos was docketed on June 24, but at time of publication did not appear on the court's...

AI Price Wars Begin: OpenAI Considers "Drastic Price Cuts" In Pursuit Of Anthropic Customers Earlier today, in a report discussing how "AI bills are out of control", JPMorgan tech guru and TMT salesman, Mark Schilsky wrote that "most of my high level investor discussions focus on one major topic: when will the party end? Put another way, tech investors have made so much money in Semis so quickly that they are looking for potential warning signs that the music is about to stop. Predicting such an end is incredibly difficult. As...

Chinese University Accused Of Sending Students To Factory Jobs Under Mandatory Labor Program Authored by Michael Zhuang via The Epoch Times, A Chinese university has come under scrutiny after an alleged internal safety agreement surfaced online alongside claims from a self-identified graduate that students were required to work on farms and in food-processing factories as part of a mandatory academic program while being denied basic workplace protections. A seeder working a cotton field in Tumushuke, Xinjiang region, China, in an aerial photo taken on March 24, 2021. STR/CNS/AFP via Getty Images The controversy...