Foreign

UK May Ease COVID Lockdown From March, Foreign Secretary Says

Authored by Alexander Zhang via The Epoch Times, The UK may begin easing existing CCP virus lockdown measures in March if the vaccine roll-out goes to plan, Foreign Secretary Dominic Raab said on Sunday. Talking to the BBC’s “Andrew Marr Show,” Raab said the government plans to vaccinate 15 million—or 88 percent—of those most at risk of dying from the…

Stimulus: Billions of Dollars Handed to Foreign Countries While Americans Stiffed With $600 Checks

By PFW News Billions of dollars will be given away to foreign countries as part of the coronavirus-stimulus bill expected to be voted on Monday, begging the question: is it even a “stimulus” bill at all? After the full 5593 page bill was released for the public’s viewing, many curious citizens and journalists decided to…

US Treasury Breached By ‘Sophisticated Hacking Group’ Backed By Foreign Government: Report

The US Treasury was allegedly hacked by a “sophisticated hacking group backed by a foreign government” which “stole information from the US Treasury Department and a US agency responsible for deciding policy around the internet and telecommunications,” according to Reuters, citing people familiar with the matter. The report comes one week after US cybersecurity firm…

Biden Has Filled His Foreign Policy Team With Weapons Contractors

By John Vibes The overseas wars that the US military has been involved with for nearly two decades have been unpopular with the American public for a very long time. Both Obama and Trump campaigned on promises of ending the wars, or at the very least significantly scaling them back. However, while both administrations oversaw…

Foreign Central Banks Buy TSYs For 2nd Month, China Holdings Near 4-Year Lows

Some relatively positive news in the latest TIC data shows that the last 12 months purchases of Treasuries by foreign central banks surged by $59 billion to $221.6 billion – its highest since Jan 2019… Under the hood, foreigners Total Long-Term Treasury Purchases: $22.5BN, sharp reversal from $33BN in sales in August Purchases of Agencies…

Record Big 30Y Auction Tails Despite Rebound In Foreign Demand

A record refunding week just concluded when the Treasury sold $27 billion in 30Y bonds – which as with this week’s 3Y and 10Y auctions, was the largest amount of 30Y paper ever sold by the US Treasury at one time. The auction stopped at 1.680%, tailing the When Issued by 0.6bps, and the highest…

Foreign Demand Unexpectedly Plunges For Record Big 3Y Auction

There were two ways to read today’s 3Y auction. As refunding got off to a start with today’s auction of a record big $54 billion in 3Y notes, an amount that is more than double the average 3Y auction in the 2015-2017 period… … the headline results were not bad: the auction priced at a…