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Stellar 10Y Auction Stops Through, With Highest Bid To Cover In A Decade On BIggest Yield Since 2007

Stellar 10Y Auction Stops Through, With Highest Bid To Cover In A Decade On BIggest Yield Since 2007 After today's very disappointing buyback announcement, which at $6BN came in far below whisper expectations of $10BN, and which sent yields surging to 4.85%, many were on edge ahead of today's $39 billion sale of 10Y paper. In the end, it priced far stronger than expected, with today's selloff providing a sufficient concession to stir up enough demand to avoid a fullblown bond market panic.  The 9 Year/11 month reopening of cusip ER0...
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Jun 7, 2026 / Tyler Durden
UK Cop Fired For Questioning Islam In 'Safe Space'
UK Cop Fired For Questioning Islam In 'Safe Space' Authored by Steve Watson via Modernity, A Christian police community support officer lost his career after asking a Muslim colleague about jihad and Hamas atrocities during a diversity session that promised open discussion. At the same time, training drilled "white privilege" into police ranks. Luke Salmons, a 46-year-old Christian father of two and respected PCSO with North Yorkshire Police, relates how he attended a mandatory training day on race, religion and culture. Trainers spent several minutes marching up and down the room chanting...
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Aug 31, 2026 / Tyler Durden
Stock Futures Drop To Close Out August As Oil Jumps On Renewed Iran Hostilities
Stock Futures Drop To Close Out August As Oil Jumps On Renewed Iran Hostilities US stock futures dropped in thin trading with most traders out as summer draws to a close, while oil prices jumped after the US and Iran exchanged attacks for first time in weeks. Brent futures rallied almost 4% topping $90-handle and WTI contracts rise above $86 a barrel. As of 8:00am ET, S&P futures dropped about 0.2% and contracts on the Nasdaq 100 dipped 0.1% as most Mag 7 stocks drop while energy stocks rise (CVX...
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Jun 2, 2026 / Tyler Durden
"The Value Didn't Arrive": Bain Finds Cost-Savings From AI Are Falling Far Short Of Projections
"The Value Didn't Arrive": Bain Finds Cost-Savings From AI Are Falling Far Short Of Projections Now that attention within the AI revolution has one again firmly turned toward the cost-benefit equation (i..e., ROI) of tokens (see "From Singularity To Tokenomics: The AI Narrative Just Hit A Serious Snag") in particular, and the trillions behind the AI spending rollout in general, and we say once again because every few months we get some iteration of the following report from Goldman published almost two years ago today... ... we have more bad news: according...
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