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2Y Auction Tails As Foreign Demand Slides Despite Highest Yield In Over 3 Years
2Y Auction Tails As Foreign Demand Slides Despite Highest Yield In Over 3 Years
Ahead of today's auction, with yields sliding early in the day tracking the drop in oil tick-for-tick, some speculated that participants in today's sale of $69BN in 2 year notes would need a modest concession to show enthusiasm for the auction. And even though yields did push wider until the 1pm stop, it appears it was not enough and the auction was notably on the weak side.
Starting at the top, the high yield was 4.787%, a...
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Jul 7, 2026 / Tyler Durden
Welcome To Realpolitik, Which Will Be Co-Hosting Every World Cup From Now On
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By Michael Every of Rabobank
It's easy to talk of the 'collapse of the rules-based order', but for most people it's too abstract to impact on their day-to-day lives. Then the US president --who claims he didn't know what a red card was-- calls up the head of FIFA to ask if the US World Cup team's leading scorer Balogun can have one suspended to play the round of 16 game vs Belgium - and it is. That...
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China's BYD Introduces 3.9-Second 0-60 Electric SUV With Massive Range
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Authored by Bojan Stojkovski via Interesting Engineering,
The BYD Great Tang full-size SUV is now reaching dealerships across China ahead of its planned April presale debut at the Beijing Auto Show. Early dealer data shows at least four configurations are being prepared for the market, spanning rear-wheel-drive and all-wheel-drive setups with varying performance and range ratings.
BYD Great Tang SUV set to challenge established plug-in hybrid rivals.
In its most capable form, the SUV is expected to deliver up to around 590 miles...
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Mar 24, 2026 / Wanjiru Njoya
Individualism in Rothbard’s Natural Rights Libertarianism
Murray Rothbard’s system was built upon the natural rights of individuals, and tying liberty to property and ownership, not collectivism.
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