Surging Bond Yields Pile Pressure on the Fed

The Supreme Court blocked the Trump administration's push to create new rules for mail ballots ahead of the midterms.

The ruling is important for states like Nevada where people primarily vote by mail, and it affirms that states run elections and make decisions in the best interests of their citizens.

The executive order aims to eliminate fraud in elections, and while mail-in voting has benefits, the potential for fraud is obvious.

America produces energy better and cleaner than anywhere else in the world, and power plants should not be so absurdly targeted.

The Kennedy Center board says the center could close unless Trump's name is put on the building to recognize his fundraising efforts.

McConnell's return reignited questions about whether lawmakers with significant health issues should remain in office.

It is pretty reasonable to expect the Federal Reserve will hike interest rates by 25 basis points Wednesday as an insurance measure to make sure inflation won't go up further. The market has priced in two rate hikes this year due to a combination of worries including the U.S. debt situation and Trump's intervention in Fed policy making.

The Fed must hike rates to protect its credibility because inflation hasn't come down back to the two percent target.

If the energy shock becomes prolonged, it could feed into inflationary expectations, and if the Fed keeps looking through that, it will hurt its credibility.

Japanese pension funds are scaling back Treasury holdings, Norway is trimming its allocation, and the Dutch are bringing gold back out of North America, which may resemble a pattern.

He agrees these moves resemble a pattern rather than a series of one-off events.

Political intervention by the president raises investors' concern about the Fed's independence.

If Chairman Walsh goes for a rate hike instead of cuts, there could be a reaction from the president and the Treasury.

Investors don't buy the Treasury's action to keep long yields down because it does not change the fundamentals. If the U.S. government doesn't implement measures to fix fiscal debt and responsibility, the market will always want a higher term premium.

Floating a $5,000 check to every U.S. adult citizen will blow up the fiscal deficit and make investors more concerned about fiscal discipline.

Full repairs to the damaged pumping stations along the East West pipeline will take six to eight weeks.

Iran has said the war won't end until all parties in the Middle East region are on the same page.

If China returns to the crude oil market in a meaningful way, oil prices will certainly be pushed up by higher demand.

New data confirms weak domestic demand in China isn't going away, with investments into fixed assets and property slumping and retail sales remaining tepid.

Filmmakers want to tell stories about tech titans to critique them, portray them in a different light, and provoke people to think about them differently.