Human Interest

Hong Kong Ship Seized After Transferring Oil To North Korea

Tyler Durden

Fri, 12/29/2017 - 11:40

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.

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.”

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.

Authored by Amber Athey via The Daily Caller,

Fox News’ Tucker Carlson tweeted out Friday a hilarious list of 100 things people have deemed “racist” this year, and some of the entries are just unbelievable.

The Daily Caller founder geared up for the list by telling his followers that “we live in revolutionary times” and that some “wild things” happened in the past year.