Pimco Sees A 6% 10-Year... Here's Why "Bad Inflation" Caps Yields

UK Gilt Yields Spike As Burnham Win Opens Door To Oust Starmer The odds of embattled UK Prime Minister Keir Starmer being ousted by the end of July are soaring this morning... ...after Greater Manchester Mayor Andy Burnham won a decisive victory for the ruling Labour Party that delivers him a seat in Parliament and, with it, a pathway to challenge Starmer for his job. Burnham was elected in a standalone contest for the constituency of Makerfield, in northwestern England, with a convincing 54.8% of the vote. He defeated Robert Kenyon from...

Bulgarian PM Stuns EU With Full-Throated Backing Of Trump-Putin Diesel Deal Bulgaria has just broken ranks amid widespread European criticism over the Trump-Putin diesel deal announced last week, with the NATO country's Prime Minister Rumen Radev stunning Brussels in fresh remarks. "You know what is our problem right now in Europe? High fuel prices," Radev said in English as he attended a two-day summit of leaders. via The Associated PressReuters described of the top level meeting in Brussels, "the European Union began a packed summit on Thursday that quickly underscored wrangles over...

Canada Has A Ukrainian Blindspot Authored by Ted Snider via The Libertarian Institute On September 10, Ukrainian President Volodymyr Zelensky landed in Canada where he and Canadian Prime Minister Mark Carney signed a 100-year partnership "elevat[ing] the relationship between their countries into a Comprehensive Strategic Partnership and confirming their aligned nature." Canada already has a special relationship with Ukraine. Before the war, Canada had the largest Ukrainian community in the Ukrainian diaspora with 1,209,805 Ukrainian-Canadians. Canada is the fifth largest financial contributor to Ukraine after only the United States, the European Union,...