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Another Poor, Tailing 20Y Auction: Is This One Of The Last Ones

Another Poor, Tailing 20Y Auction: Is This One Of The Last Ones The week's lone coupon auction took place at 1pm and amid speculation of fireworks at the next Treasury Refunding Announcement in two weeks, when Citi is confident Bessent could announce the end of 20Y auction, it could very well be one of the last sales of 20Y paper for the US. The auction, as most recent 20Y sales, was mediocre: it stopped at a high yield of 5.469%, the highest on record for the tenor, up 49bps from September,...
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May 27, 2026 / Tyler Durden
Seattle Residents Forced To Barricade Their Streets To Protect From Gun Violence
Seattle Residents Forced To Barricade Their Streets To Protect From Gun Violence Fed up with years of gun violence and repeated shootings near Aurora Avenue, some residents in North Seattle have started installing their own street barricades in an effort to protect their neighborhoods, KOMO News writes.  Neighbors living near North 97th, 98th, and 102nd streets recently placed large planter boxes, piles of dirt, and gravel across parts of residential roads that connect to Aurora Avenue North. The goal, residents say, is to make it harder for shooters to speed through...
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Sep 11, 2026 / Tyler Durden
"Old Economy Is Taking Revenge": Jeff Currie Warns Fuel Squeeze Is Driving Structural Inflation
"Old Economy Is Taking Revenge": Jeff Currie Warns Fuel Squeeze Is Driving Structural Inflation Former Goldman Sachs commodities chief and current Real Macro head Jeff Currie joined CNBC earlier Thursday to discuss all things commodities, warning that the latest Brent crude rally above $107 a barrel is becoming harder to dismiss as a temporary shock, with renewed Chinese buying and soaring refining margins (US diesel crack spread now $110 a barrel) signaling deeper pressure across physical commodity markets. Currie warned that traders are underestimating an inflation cycle driven by years of...
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May 7, 2026 / Tyler Durden
Marijuana Vendors Sued For Allegedly Not Warning Consumers Of Risks
Marijuana Vendors Sued For Allegedly Not Warning Consumers Of Risks Authored by Matthew Vadum via The Epoch Times, Companies that legally sell recreational marijuana to adults are being sued in Illinois and Connecticut for allegedly not warning customers of the possible health problems caused by the drug. Attorneys for the plaintiffs say these proposed class actions—four in all—that were filed May 4 in federal and state courts are the first of their kind. Federal and state court rules govern whether a class action gets certified and is allowed to proceed. The lawsuits come...
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