Russia and Ukraine Confirm Humanitarian Ceasefire Has Taken Effect in Oleshky

'Keep Digging'... Says Shovel-Salesman Jensen Huang Submitted by QTR's Fringe Finance Maybe it’s the bullshit detection genes that were passed down to me from my mother, but I simply can’t wind up trusting a word Nvidia CEO Jensen Huang says about how much AI regulation the United States needs. Just call it a gut reaction from me. It doesn’t mean Huang is necessarily wrong about AI. It’s just that I look at him and all I can see is one of the most financially conflicted people on planet Earth to ask about...

Mediocre 2Y Auction Prices At Highest Yield Since Feb 2025 With Treasury yields sliding 4 days in a row, today's 2Y auction was not seen as especially concerning (certainly not as much as a week ago, when the 10Y was knocking on 4.70%'s door, vs 4.50% where it trades today). Still, while the auction did have it strong sides, it was hardly stellar. Starting at the top, the $69BN sale of 2Y paper priced at a high yield of 4.071%, up 26bps from 3.812% a month ago, and the highest since...

Strong 30Y Bond Auction Stops Through For First Time Since March On the heels of yesterday's stellar 10Y auction, this afternoon saw an even more stellar-er 30Y auction with the US government selling $22 billion bonds at 5.058%, the highest result since 2007, vs a 5.061% when-issued yield at the 1 p.m. New York time bidding deadline. That is the first stop-through (0.3bps) since March (after three ugly tails - June's reopen was the weakest since July 2024)... The 2.44 bid-to-cover ratio compares well with the 2.39 average for the past six reopenings Dealer:...