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Yields Hit Session High After Ugly, Tailing 30Y Auction
Yields Hit Session High After Ugly, Tailing 30Y Auction
Amid the now daily firehose of news, the US Treasury managed to sneak in an auction of $25 billion in 30Y paper, and while not as ugly as Tuesday's terrible 10Y auction, today's auction was not pretty... at all.Stopping at a high yield of 5.441T%, the yield dipped from last month's 5.618% largely thanks to the uniform drop across the yield curve following the recent turmoil in the AI space (which means less competition for long end paper amid AI companies),...
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Sep 24, 2026 / Dave DeCamp
Israeli Strike on Car in Gaza City Kills at Least One Palestinian
An Israeli strike hit a vehicle in Gaza City on Thursday, killing at least one Palestinian, as the IDF continues its constant violations of the US-backed ceasefire deal. The Palestinian news agency WAFA reported that the car was hit south of Gaza City and the victim’s body was transferred by relatives to another vehicle, which […]
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Jul 7, 2026 / Tyler Durden
Farage Resigns As MP To Force 'People Vs. The Establishment' By-Election
Farage Resigns As MP To Force 'People Vs. The Establishment' By-Election
Nigel Farage, leader of Britain's Reform UK party, said Tuesday he is resigning as the member of Parliament for Clacton to trigger a by-election in the Essex constituency, which he intends to contest as the party's candidate.
Farage, who won the seat in the 2024 general election, cast the upcoming vote as a direct challenge to political and media elites. "This will be a people vs. the establishment by-election," he said in a statement. "A chance to stick two fingers...
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Jul 2, 2026 / Tyler Durden
"Set Your AC To 78F": NYC Socialist Pleads With Residents As Fragile Grid Faces Blackout Risk
"Set Your AC To 78F": NYC Socialist Pleads With Residents As Fragile Grid Faces Blackout Risk
"Set your AC to 78 degrees, turn off lights/electronics you're not using, and unplug what you can," New York City Socialist Mayor Zohran Mamdani wrote on X late Wednesday.
New Yorkers are now getting a real-world lesson in what Mamdani's recent "warmth of collectivism" comments actually mean: shared sacrifice, including being told to dial back air conditioning during blistering heat as the risk of power blackouts rises.
New York: it's hot out there, and the power...
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