Indians Panic After Trump Sabotages Tech Firm Green Card Pipeline

Ugly 7Y Auction Tails As Foreign Demand Slides Despite Record High Yield After yesterday's dismal 5Y aucton which pushed yields to multi-decade highs, moments ago the Treasury completed its last coupon auction of the week, selling $44 billion in 7Y paper. It was another ugly auction, if not quite as ugly as yesterday's shitshow. The sale stopped at a high yield of 5.085%, up from 4.512% a month ago and the highest yield on record for 7 Year paper! It was tailed the When Issued 5.078% by 0.7bps, the highest tail since March. The...

DC Judge Tosses Charges Against Former F.B.I. Officials Accused Of Lying About Hunter Biden Laptop A federal magistrate judge on Monday dismissed the criminal complaint against two former FBI officials accused of misleading Congress in 2023 about the bureau's work on the Hunter Biden laptop investigation. Magistrate Judge Zia Faruqui said the case against Nikki Floris and Bradley Benavides "cannot be described as anything other than weaponization." Magistrate Judge Zia M. Faruqui at Prettyman Federal Courthouse in Washington, D.C., on Nov. 22, 2024. (Craig Hudson/The Washington Post) According to Faruqui, the investigation...

Japanese Bonds Crater After PM Takaichi Prepares To Issue Much More Debt To Pay For Gasoline Subsidies While it may seem like every government these days - not just Emerging but certainly all Developing countries too - has become a banana republic in light of the increasingly more idiotic fiscal and monetary policies adopted to kick the can at least until the next election, nobody is quite as cartoonish as Japan, the place where all modern-day central bank experiments started in the late 1980s. While on one hand the Japanese finance ministry...