Tails

Bulls Loving The "Heads I Win, Tails I Win" Market

Authored by Lance Roberts via RealInvestmentAdvice.com, It was a close call, but Santa finally delivered with a strong rally this past week, pushing the markets to all-time highs. Interestingly, despite the “Blue Sweep” of the Georgia elections, the markets quickly turned from worrying that such would be harmful to the markets. Markets quickly dismissed concerns of higher…

China Tails US Destroyer In 12th Provocative Sail Through Of Taiwan Strait In 2020

China’s PLA military says it tailed an American warship through the Taiwan Strait on Saturday, which makes precisely a dozen such incidents in the contested strait in 2020. In a new statement the PLA’s Eastern Theatre Command said it scrambled air and naval forces which “tailed and monitored” the US Navy vessel.  Beijing further charged that the…

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…