RT THE ISLANDER (@IslanderWORLD)🇺🇸💸 $25 billion in twenty days. $1.3 billion every single day. And the Pentagon wants $200 billion more which at this burn rate buys them until mid-August, at which point they’ll be back with another bill for a war that was supposed to be over in a maximum of 4 weeks, fought by an enemy that was supposed to have run out of missiles by day three.The United States is running a $1.7 trillion annual deficit on a $39 trillion national debt, with unfunded liabilities at circa $200 ...

Core Viewpoint - The U.S. Treasury market experienced significant selling pressure, with the government selling $651 billion in Treasury securities amid rising yields and inflation concerns, particularly driven by surging gasoline prices and disappointing inflation data [1][4]. Treasury Market Activity - The U.S. government sold $651 billion of Treasury securities this week across nine auctions, including $532 billion in Treasury bills and $119 billion in Treasury notes and bonds [4][5]. - The 1-year Treasury yield surpassed the Effective Federal Funds Rate (EFFR) for the first time since November 2023, indicating that the bond market has largely dismissed rate cut expectations for the year [2][4]. - All Treasury yields across the yield curve are now at or above the EFFR, suggesting that rate cuts are not anticipated in the current market scenario [4]. Yield Trends - The 3-year Treasury yield rose significantly, closing at 3.74% after a 16 basis point increase since its auction, marking a total spike of 36 basis points over two weeks [7][8]. - The 10-year Treasury yield increased to 4.28%, the highest since early February, reflecting a 13 basis point rise during the week [12]. - The 30-year Treasury yield reached 4.90%, the highest level since earlier this year, indicating growing concerns about long-term inflation and interest rates [14][16]. Mortgage Market Impact - Mortgage rates surged to 6.41%, the highest since early September, with a notable increase of 42 basis points over the past two weeks [18]. - The relationship between mortgage rates and long-term Treasury yields remains significant, with mortgage rates typically tracking the 10-year Treasury yield but at higher levels [19]. - Announced buybacks of mortgage-backed securities (MBS) by Fannie Mae and Freddie Mac are intended to reduce the spread between mortgage rates and Treasury yields, although they may increase concerns in the bond market [20].

Italy didn’t manage to meet the EU’s 3% deficit ceiling last year, an unexpected setback for Giorgia Meloni’s government https://t.co/XESx1KmeOo ...

JUST IN: 🇺🇸 President Trump says US will have its first trade surplus in decades because tariffs cut deficit by 78%. ...

THE DELAYED JANUARY JOBS REPORT RELEASED A FE MOMENTS AGO AND SHOWS THAT THE UNITED STATES ECONOMY ADDED 130 ,000 JOBS LAST MONTH. FAR MORE THAN THE 55 UNEMPLOYMENT RATE ALSO TICKED DOWN SLIGHTLY TO 4 .3%. JOINING US NOW, WHITE HOUSE ECONOMIC ADVISOR KEVIN HASSETT SERVES AS DIRECTOR OF THE AND THE JOBS REPORT BEAT THE NATIONAL ECONOMIC COUNCIL.KEVIN, THANK YOU FOR JOINING US THIS MORNING. THIS JOBS REPORT PEOPLE THAT ARE BEAT EXPECTATIONS PRETTY SOUNDLY. IN FACT, THERE ARE MEMBERS OF THE TRUMP ADMINISTRATIO ...

It feels like the US especially has changed in 10 years. So rising inequality, uh the deficit is higher than ever and we also have an administration which seems to be um redefining America's place in the world. How does that fit into again your five forces framework.And I guess I should bring up the debasement trade as well because this was a big theme earlier in the year that the the idea that, you know, people don't want to be in the dollar because they don't know what's going to happen with the debt or b ...

Government Policy & Finance - Italy's Senate approved the 2026 budget, aiming to reduce the country's deficit [1] - The approved legislation includes a contentious amendment regarding the ownership of Italy's gold reserves [1]

Public Finance & Market Risk - France faces potential market backlash if deficit reduction plans fail to bring it within 5% of economic output next year [1]

Saudi Arabia says it can rein in its deficit by 2026 after a surge in spending and bond sales to fund mega-projects — but Wall Street is skeptical https://t.co/rvKAFvF86O ...

And it's a fresh read on the nation's fiscal health. The aforementioned Steve Leeman with those [music] headlines and could probably also talk about the Fed. Steve.Yeah, Brian. Thanks for that introduction. The Treasury uh reporting that the deficit hits an October record of 284 billion, but with a bunch of asterises.I think that's the plural. Expenses were boosted by a calendar change moving some stuff from uh uh into October from November of about $ 105 billion. So that's also an issue, but they were redu ...