Speaking at a press conference after meeting Canadian Prime Minister Justin Trudeau, US VP Mike Pence warned China that US "could more than double tariffs if needed."
“I’m not sure what’s going on in Britain. Or, let me say this – I don’t know what’s going on in London, because London is no longer an English city...”
After a strong 2Y, mediocre 5Y, we concluded this week's trifecta of coupon auctions with, as one may expect, an abysmal sale of $32 billion in 7Y bonds.