Trump Prepares for an Invasion of Cuba

Bessent Plays Hardball With "Bloomberg Bros": Yields Spike As Treasury Accepts Just 68% Of Maximum Buyback Offers Two weeks ago, treasury yields spiked to a 3 year high (still well below 5%), after the first expanded Treasury buyuback operation which had a maximum capacity of $6 billion, resulted in just $5.187 billion in actual buyback offers accepted by the Treasury. That was a problem because as BofA's rates guru, Mark Cabana, wrote just ahead of the first buyback (his note is available to pro subs), over the last several operations the...

Cuba Says US Waging A 'War Without Bombs' Authored by Dave DeCamp via AntiWar.com Lianys Torres Rivera, Cuba’s top diplomat in the US, has told Bloomberg that the Trump administration is unwilling to continue talks with the island nation and described the ramped-up US oil embargo, which has caused a devastating humanitarian crisis in the country, as a "war without bombs." "The channel for dialogue is at a complete standstill," Torres Rivera told the outlet, adding that the two sides are unable to set a basic agenda. SOPA Images via Reuters Connect Since the US attack...

AI Just Became A Massive Midterm Election Issue Submitted by QTR's Fringe Finance Artificial intelligence is about to become one of the most consequential issues in the 2026 midterm elections. Maybe not immigration-level consequential or inflation-level consequential. But over the next two months, I think Americans are going to hear a lot more about a question that, until very recently, mostly belonged to Silicon Valley and a relatively small group of researchers: should the United States government force the development of frontier AI to slow down? That question exploded into the political mainstream...