Last week we showed that the 10Y was on the cusp of breaking out above the most critical trendline of this decade. Well, following today’s largely illiquid surge in the dollar and selloff in the Treasury complex, briefly halted by the steller 7Y auction mid morning, the trendline has been officially broken.
Read the Full Article: Source – Zero Hedge
Time For Truth: (Zero Hedge) – The Most Important Bond Trendline Is Broken: "Now It Gets Interesting"
The largest, brightest full moon in nearly seven decades will be on display in the coming days, promising Earth-bound sky-watchers a celestial “supermoon” spectacle.
The full moon will come nearer to Earth than at any time since 1948, astronomers said. At closest approach, which occurs at 6:23 a.m. EST on Monday, the moon will pass within 216,486 miles (348,400 km) of Earth’s surface, about 22,000 miles (35,400 km) closer than average, they added.
Read the Full Article: Source – Reuters
Time For Truth: (Reuters) – Night delight: 'supermoon' to grace Earth's skies
It wasn’t just Deutsche Bank that was grappling with big questions about the future at the International Monetary Fund meetings in Washington last week.
The German bank is scrambling to overhaul its operations as it faces a multi-billion dollar fine for selling toxic mortgage-backed securities in the United States.
Read the Full Article: Source – Reuters
Time For Truth: (Reuters) – Banks ponder the meaning of life as Deutsche agonizes
Global oil markets are flooded with cheap crude, and concerns about climate change are growing louder. The last thing the world seems to be craving is the discovery of new large oil and natural gas fields.
But such fields have been found in the last month. And two of them are in the United States — one in Texas and the other off Alaska.
Read the Full Article: Source – The New York Times
Time For Truth: (The New York Times) – Oil Glut? Here Comes Some More!
The Muslim Brotherhood won seats in Tuesday’s Jordanian parliamentary elections, a mostly symbolic victory that revives the movement’s presence in the country’s legislature for the first time in nearly a decade.
Results of the of the vote were disclosed on Thursday.
Read the Full Article: Source – Wall Street Journal
Time For Truth: (Wall Street Journal) – Muslim Brotherhood Regains Foothold in Jordan’s Parliament