The risk is that Russia will interpret what until now was deemed largely as an accident, as an overt act meant to punish Russia by killing its troops - whether legitimate soldiers or mercs - and Putin would have no choice but to respond in kind.
In the second of the week's coupon auction, the Treasury sold $35 billion in 5Year notes at a yield of 2.658%, right on the screws with the When Issued, and the highest yield going back to December 2009.
A glitch at a Japanese crypto exchange allowed users to obtain digital token for free, with one customer “purchasing” Bitcoin valued at 2,200 trillion yen ($20 trillion) and then attempting to cash in on it.
A week ago we highlighted the tumble in US mortgage applications, and things just got worser-er. As mortgage rates extend 4-year highs, home purchase applications plunged 15% in the last few weeks - the biggest drop since Feb 2015.