Loading ...Grinding higher. Looks pretty good to me if we can sustain it.
Maddog 6:33
I hope people don’t assume that and not do their part in Social media and voting. The repuuns only have to lose a few seats in both House and Congress and they are up to no good as usual.
The cost of servicing the debt is going higher
The Kobeissi Letter
@KobeissiLetter
·
13h
The cost of servicing US debt is the highest in decades:
On Thursday, the US government sold $25 billion of 30Y Treasury bonds at a 5.216% yield, the highest auction yield since 2001.
This follows a $42 billion auction of 10Y Treasury notes on Wednesday that resulted in a 4.683% yield, the highest since 2007.
Previously, on July 9th, the government sold 30Y Treasury bonds at a 5.058% yield, the highest since 2007, highlighting the worsening trend in US debt financing costs.
By comparison, yields on the same-maturity Treasury auctions were below 2.00% during the 2020 pandemic.
This comes as investors are demanding more compensation to finance the US government’s ever-growing deficit.
In July, the US Treasury’s budget deficit surged +$141 billion YoY, to $432 billion, the largest July total in history.
The US debt crisis is entering uncharted territory.
Morning Buygold
Plat and Pall up,over 1 % as well
goldielocks
If the Mid Terms were really gonna let the Dems in, the SM would have taken fright by now….From here I see a bunch of outright commie lunatics, who no longer even try to hide what they really think , vs hard core capitalists…the choice is a no brainer.
A Little strength
to start the week as the dollar is slipping.
Nothing to write home about in any markets. No eco news of any significance that would move things.
Everything is on autopilot but slightly higher is better than slightly lower. 🙂
Shaq, Jordan and many more male athletes
Speaking out in concern for Kaitlin Clark and Sophie Cunningham this is getting out of control with double standards.