presidential election

And there it is.

The result of today's 3 Year auction, coming at a time when the When Issued was printing above auction stops since April 2010, would be closely watched as a critical test of demand, particularly foreign demand, following selloff sparked by U.S. presidential election, strategists quoted by Bloomberg said. At the same time, they added that the condensed auction schedule, December seasonality, proximity to the Dec. 14 FOMC decision and today’s oil-driven UST selloff, which helped push UST yields above last year’s highs for the first time, may muddy the analysis.

In our initial take on the Washington Post's story about the "secret" CIA assessment that Russia helped Trump win the election (since contested by the FBI), we said that this may amount to nothing short of a "soft coup" attempt by leaders in the US Intel community and the Obama administration, and warned to expect of a push by prominent democrats to pressure the electoral college to "take into consideration" these findings next Monday, on December 19, when the formal vote for president is set to take place.

This is how we summarized the newly-formed narrative:

With the unconfirmed report of Russian hacking of the US presidential election to benefit Donald Trump, coupled with the ongoing crackdown against Russian propaganda "fake news", dominating the US media today, overnight the former neocon ambassador to the United Nations, John Bolton, who has been floated for the possible second highest role in Donald Trump’s State Department supporting Rex Tillerson, poured fuel on the fire with questions about Russian interference in the U.S.