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Japan Sold Almost $90 Billion In Treasuries To Fund Record Yen Intervention
Japan Sold Almost $90 Billion In Treasuries To Fund Record Yen Intervention
At the end of July, the only question following Japan's record $90 billion yen intervention (which worked for about two weeks before the effects faded and Bessent had to engage in more market intervention), was whether and how much Treasuries Japan had sold as part of the intervention.
The BOJ spent a record $90BN to briefly push the yen higher.
Another catastrophic intervention by the central bank which is 100bps behind in rate hikes (chart Goldman) pic.twitter.com/xOGszXSgF7
— zerohedge (@zerohedge) July...
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Sep 25, 2026 / Tyler Durden
US Pledges $267 Million More In Ebola Aid To Congo
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The United States is sending another $267 million to fight the Ebola outbreak in Congo, bringing total U.S. aid for the outbreak to $887 million, the State Department announced Wednesday on the sidelines of the U.N. General Assembly.
A doctor administers serum to a patient with Ebola virus disease at the Rwampara Ebola Treatment Centre in Bunia, Ituri Province, in northeastern Congo, on July 13, 2026. Benediction Murhabazi/AFP via Getty ImagesThe outbreak, first detected in Congo's Ituri province in May before...
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Aug 27, 2026 / Eric Margolis
Welcome Home Stalin
I’ve been all over the world and have seen both its good and sordid countries. One of the best run, most decent and honest nations I’ve seen is Canada. As George Bernard Shaw noted, Canada is a wonderful country, but it has nine months of winter and three months of fall. It has vast forests, […]
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Sep 8, 2026 / Tyler Durden
Consumer Credit Smashes Estimates As Credit Card Debt Hits New All-Time High
Consumer Credit Smashes Estimates As Credit Card Debt Hits New All-Time High
The relevering of the US consumer continues: one month after the June consumer credit number came higher than estimates (and followed the unexpected May contreaction in US credit), in July consumer credit came in even higher than expected, with the Fed reporting in its latest G.19 report that in July, US consumer credit rose by a whopping $18.1BN - more than the $14.6 billion in June - and far above the $11.7 billion estimate.
The rebound was driven by...
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