"Perfect Year" - Global Equity Markets Are About To Do Something They've Never Done Before
"Perfect Year" - Global Equity Markets Are About To Do Something They've Never Done Before
Tyler Durden
Fri, 12/29/2017 - 12:45
You are here
Human Interest
Hong Kong Ship Seized After Transferring Oil To North Korea
Hong Kong Ship Seized After Transferring Oil To North Korea
Tyler Durden
Fri, 12/29/2017 - 11:40
Demand Tumbles For 5Y Treasuries As Tailing Auction Leads To Highest Yield Since 2011
After yesterday's ugly, tailing 2-Year auction, it is probably not a big surprise that today's sale of $34 billion in 5Y Treasurys was just as ugly.
The auction printed at a high yield of 2.245% - the highest since March 2011 - and well above last month's 2.066% largely thank to the recent Fed rate hike. More troubling is that the auction tailed the When Issued 2.228% by a whopping 1.7bps, the biggest tail going back at least 2 years.
Man Who Delivered Gift-Wrapped Horseshit To Steven Mnuchin Compares Himself to Jesus
An LA County psychologist who thinks President Trump’s tax bill stinks to high heaven, compared himself to Jesus after admitting he delivered a gift-wrapped box of horseshit as a Christmas present to Treasury Secretary Steve Mnuchin. Robby Strong told AL.com he dropped off the box of horse manure at Mnuchin’s house as an “act of political theater” to hammer home the point that “Republicans have done nothing for the American worker.”
Mystery Buyer Of 'Most Expensive Apartment In Asia' Revealed
A month ago, we highlighted a disturbing new record in the Hong Kong real-estate market – a market that received a ranking of “high” from Algebris Investment’s Alberto Gallo in his annual ranking of the world’s biggest asset bubbles.
According to a report in the South China Morning Post, the record price per square foot for a residence in Hong Kong was obliterated when a mystery buyer purchased two apartments in “The Peak” – an exclusive district.