High yield 4.538%. WI level at the time of the auction 4.539%. Tail -0.1 basis points versus six auction average of 0.6 basis points Bid to cover 2.57X versus 2.44X Directs 12.3%…

The US treasury will auction off $39 billion of 10 year notes at the top of the hour. The current 10 year yield is at 4.534%. At the last auction the yield…

Trump cites the downed helicopter. We want a deal that’s meaningful and works We’re going to hit them again hard today We’ll see what happens with the deal They keep tapping us…

Trump earlier talked about the US hitting back and I’d say that’s likely but a bit less on this. This is a guy who was talking tough every day during the early…

The market is trading a tad better after CPI but the details make for a complex picture. The headlines were basically in-line with estimates and core at +0.2% vs +0.3% was a…

Headline CPI: Prior was +3.8% m/m reading +0.5% vs +0.5% expected Month-over-month unrounded +0.631% Unrounded headline +4.249% vs +3.811% prior Core measures: Core CPI m/m +0.2% vs +0.3% expected. Last month +0.4%…

It’s finally time for the CPI and the market is nervous. Gold and silver cracked today, breaking the war lows on fear that Trump doesn’t have the ‘imminent’ peace deal that he’s…

It’s a heated morning already as we look to US trading later with Trump going on blast about Iran today. The message is that he’s had just about enough as negotiations continue…

Trump says he’s close to ordering new strikes against Iranian power plants and bridges Tehran taking too long to make a deal Trump said on Fox News that he is close to…

Headlines: Trump on Iran: They’ve taken too long to negotiate a deal, now they will have to pay price Iran’s Baghaei: Tehran needs to re-assess talks with the US following overnight clashes…

Trump on Truth Social:”Iran’s Military is a complete and total mess. Much of it, like their Navy and Air Force, doesn’t even exist anymore – They have been completely defeated. Iran is…