presidential election

In its first bond sale since the presidential election and the first big test of investor sentiment after Emmanuel Macron won the presidency, France received more than €31 billion in demand for a 30-year bond offering, once again demonstarting the unprecedented demand for duration on the yield-starved continent where the ECB is happily gobbling up every interest-yielding instrument. With some €7 billion in ultra-long duration paper sold via a syndicate of banks, pricing at 30Y FRTR +12, tighter than the +14 price talk, the issue was more than 4 times oversubscribed.

Authored by Mike Krieger via Liberty Blitzkrieg blog,

Before we get into the meat of this post, it’s important to refresh our memories on what the unmasking scandal is and why it’s important. In order to do that, let’s revisit excerpts from last month’s post, If What Susan Rice Did Wasn’t Illegal, It Should Be:

U.S. citizens who are caught up incidentally in foreign intelligence surveillance are typically subject to minimization rules to conceal their identities, though there are some exceptions.

 

By Gwynne Dyer via BangorDailyNews.com,

“I am no Mussolini,” Venezuela’s beleaguered President Nicolas Maduro insisted on television early this month. But if things go on this way, he could end up like Mussolini. That would be very unfortunate for him and also for Venezuela.

Infamous Watergate journalist Carl Bernstein, having criticized both Comey and Clinton in recent months, is now taking aim at President Trump. In a Sunday interview on CNN, Bernstein said current White House conditions could be more dangerous than the Watergate scandal.

Authored by Wayne Madsen via The Strategic Culture Foundation,