Events are moving quickly in the gold market...

Spy chief boasts: "Yes, we can. We get paid for this."

Overall, this was a very solid auction, one which came at just the right time: with 10Y yields surging today just shy of 4.20% before retracing the move and dipping by about 1bp on the solid 3Y auction results. 

Thus, rising carrying costs of margin debt amplify the risk embedded in the margin debt–DPI link...

Before 2011, VIX never retraced 40% in two weeks… It’s happened five times in the past twelve months.

The reading for the expected change in the cost of medical care is the highest since January 2014, shortly after the series began.

The CMS administrator ordered Minnesota Gov. Tim Walz to fix issues in 60 days or lose federal funding...

“We do debank them..."

Prosecutors cited messages... that  showed Comey encouraging Richman to engage with the media for certain FBI-related coverage...

...like owning optionality into payrolls more than optionality into FOMC...

The United States now has a low tolerance for European weakness because the administration in Washington sees that as an emerging threat to the US’s own security...

Dimon described Combs as “one of the greatest investors and leaders I’ve known”...

Hard to argue we’re trading negative sentiment anymore... The “run it hot” narrative picked up last week...

Another bill that was approved aims to solve inefficiencies in the Tax Court structure regarding pre-trial discovery documents...

Yields up, Fed cuts…a 1990s-style disconnect is back.

"His people love it, but he [Zelensky] hasn't. Russia’s fine with it."

The market is not positioned for higher US yields, leaving any further selloff in Treasuries exposed to an overhang of longs closing out.

No issues at Fukushima and Higashidori nuclear plants