"Even 1, 2, Or 3% Could Make The Difference": Trump Vows "Powerful Legal Options" To Purge Alaska's Other Dan Sullivan... Who Got 2.5%

Stellar 10Y Auction Stops Through, With Highest Bid To Cover In A Decade On BIggest Yield Since 2007 After today's very disappointing buyback announcement, which at $6BN came in far below whisper expectations of $10BN, and which sent yields surging to 4.85%, many were on edge ahead of today's $39 billion sale of 10Y paper. In the end, it priced far stronger than expected, with today's selloff providing a sufficient concession to stir up enough demand to avoid a fullblown bond market panic.  The 9 Year/11 month reopening of cusip ER0...

Lock And [Re-]Loaded: Third Circuit Greenlights Major Challenge To New Jersey Gun Liability Law Authored by Jonathan Turley via JonathanTurley.org, Some of us have been closely following challenges to A1765, New Jersey's gun industry liability law. In my view, the law is facially invalid and preempted under federal law, and we may now find out after the United States Court of Appeals for the Third Circuit greenlit a challenge from the National Shooting Sports Foundation (NSSF) yesterday. The court found that the NSSF has standing to bring the lawsuit, which could...

"De-Risk As Fast As Possible": EU Eyes Vietnam For Critical Materials To Cut Alarming China Dependence Brussels appears increasingly aligned with the Trump administration's view that securing reliable, conflict-free supplies of critical materials is important for the incoming rearmament supercycle. Continued reliance on China exposes Western defense manufacturers to export restrictions that have already disrupted supply chains and could delay deliveries.  Reuters cites internal EU documents dated June 2026 that identified Vietnam as a potential source of critical materials outside China. "Considering Europe's need to rearm and de-risk as fast as possible, the...