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Ugly 10Y Auction: Foreign Demand Plummets, Directs Soar, Resulting In Biggest Tail Since February
Ugly 10Y Auction: Foreign Demand Plummets, Directs Soar, Resulting In Biggest Tail Since February
After a subpar 3Y auction on Monday, today's 10Y auction - which followed another hot CPI print - was downright ugly.Let's start at the top: the high yield of today's auction was 5.020%, which hit just as yields hit their peak for the day, with the 10Y rising more than 10bps above 5.0% for the first time in weeks. Still, this was a drop from last month's 5.317% (which was the highest in over 2 decades),...
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Jul 8, 2026 / Tyler Durden
Socialism Is Targeting The Foundations That Made America Great
Socialism Is Targeting The Foundations That Made America Great
Authored by Victor Davis Hanson via The Epoch Times,
This is a lightly edited transcript of a July 6 segment of the Victor Davis Hanson: In His Own Words podcast.
One question that came up constantly during this 250th anniversary Fourth of July celebration was whether we were gonna make it another 250 years, 500 years. We could be longer than the Roman Republic. Longer than the Roman Empire.
Democratic Socialists of America march in downtown Berkeley, Calif., on Aug. 5, 2018. Amy Osborne/AFP/Getty...
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Aug 4, 2026 / Tyler Durden
World's Largest PC Makers Start Using Memory Chips From China's CXMT
World's Largest PC Makers Start Using Memory Chips From China's CXMT
It's not just Apple that is scrambling to find cheap memory alternatives to the DRAM offerings from the memory "cartel" of Samsung, SK Hynix and Micron: according to the Nikkei Asia, a trio of the world's leading PC makers - HP, Asus and Acer - have started to use small amounts of chips from China's ChangXin Memory Technologies (better known as the recently IPOed CXMT) amid an unprecedented memory shortage fueled by demand for artificial intelligence infrastructure.
Many major PC makers...
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Nov 4, 2026 / Tyler Durden
NASA's Swift Telescope's Journey Ends After Failed $30 Million Rescue
NASA's Swift Telescope's Journey Ends After Failed $30 Million Rescue
NASA's Neil Gehrels Swift Observatory re-entered Earth's atmosphere on Wednesday, Nov. 4, almost 22 years after launch, after a $30M commercial rescue attempt was unable to recover it. NASA says the U.S. Space Force predicted re-entry at about 3:30 a.m. EST, give or take 11 hours.
NASA's Neil Gehrels Swift Observatory satellite (NASA)
The spacecraft weighed roughly 3,200 pounds. NASA expected most of it to burn up, but some components may survive. Because Swift flies a low-inclination orbit, any fragments that reach...
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