Putin Prepared to Resume Trilateral Talks with US, Ukraine Aimed at Ending War

Average 7Y Auction Stops On Screws As Foreign Demand Drops A stellar 2Y auction, a subpart 5Y, and it only makes sense that we end the week with a perfectly average sale of $44BN in 7Y bonds. The last coupon auction of the week priced at a high yield of 4.512%, up from last month's tailing 4.473%, and on the screws with today's When Issued 4.512%. Remarkably, this is the 3rd 7Y auction to price on the screws in 2026 alone, suggesting this tenor may be the most relevant one for...

Despite Record Surge In Subprime Car Loan Originations, US Household Debt Dropped In Q2: First Since COVID Something unprecedented happened in the second quarter: aggregate household debt balances declined by $13 billion, a 0.1% decline from Q1. Balances stood at $18.8 trillion, up $4.6 trillion since the end of 2019, just before the pandemic recession. But the reason why we say it was unprecedented, is that the Q2 drop was the first quarterly decline in total household debt since the second quarter of 2020, when the US economy was gripped...

Trump Drops By Supreme Court To Hear Challenge To Birthright Citizenship Order Update (0950ET): President Trump dropped by the Supreme Court on Wednesday for oral arguments in the high-profile Trump v. Barbara challenging his executive order restricting birthright citizenship - making him the first sitting US president to attend Supreme Court oral arguments.  BREAKING President Trump has just arrived at the Supreme Court as the Justices hear oral arguments in the Birthright Citizenship case. pic.twitter.com/gc1jUdclki — Conservative Brief (@ConservBrief) April 1, 2026 The line has already formed outside of the Supreme Court for Wednesday’s oral arguments in Trump v. Barbara,...