10-Year Treasury Reaches Over 5% For The First Time in Years

10-Year Treasury Reaches Over 5% For The First Time in Years

10-Year Treasury Yields Exceed 5% for the First Time Since 2023 The yield on 10-year Treasuries surpassed the 5% mark on Monday morning, marking its first breach of this threshold since 2023. This year, the sell-off in Treasuries has propelled yields from about 4.15% to 4.30% in January, continuing a trend of fluctuating yields that […]

The Fed Could Be Raising Rates at an Inopportune Time

The Fed Could Be Raising Rates at an Inopportune Time

Hey, Chairman Warsh: What’s the Rush? It seems likely that the Federal Reserve will increase interest rates on Wednesday. While raising rates by a quarter point or even a couple of times before the year’s end might not cause major issues for the economy, there isn’t a compelling reason to do it right now. The […]

Dow drops 350 points as oil rises above $100 for the first time since July

Dow drops 350 points as oil rises above $100 for the first time since July

On Wednesday, stock prices took a downturn, and Treasury yields increased as oil prices soared past $100 a barrel, raising fears about inflation and a possible Federal Reserve interest rate hike. The Dow Jones Industrial Average fell by 367 points—about 0.7%—around 10:00 a.m. ET, with the S&P 500 and Nasdaq both dropping 0.3%. Brent crude […]

Syria’s Militant Government Starts Eliminating Chemical Weapons from Assad’s Time

Syria's Militant Government Starts Eliminating Chemical Weapons from Assad's Time

Syria Begins Destruction of Chemical Weapons The Syrian government, led by the former al-Qaeda operative President Ahmed al-Sharaa, has announced to the United Nations that it has started the process of dismantling its stockpiles of illegal chemical weapons, which were previously under the control of the ousted leader Bashar Assad. During a Security Council meeting, […]

Taiwan’s Defense Budget Surpasses One Trillion Dollars for the First Time

Taiwan's Defense Budget Surpasses One Trillion Dollars for the First Time

Taiwan’s Defense Budget Surpasses $1 Trillion for the First Time The Taiwanese cabinet has given the green light to a supplementary defense budget that has, for the first time, pushed total defense spending over NT $1 trillion. That’s quite a significant milestone. The additional budget of NT $145.7 billion is essentially aimed at addressing some […]