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15.04.26 - 23:30
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IMF Warns US Treasury Market Prone To "Sudden Repricing" Due To Soaring Debt, Overreliance On Bills (ZeroHedge)
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IMF Warns US Treasury Market Prone To "Sudden Repricing" Due To Soaring Debt, Overreliance On Bills
The International Monetary Fund warned Wednesday that the relentless US debt issuance is undermining the premium Treasuries have commanded from investors, with implications for government securities across the globe.
“The increase in the US Treasury security supply is compressing the safety premium that US Treasuries have traditionally commanded — an erosion that pushes up borrowing costs globally,” the Washington-based IMF said in its latest Fiscal Monitor report.
The US has been selling large volumes of debt because its budget deficit has averaged roughly 6% of gross domestic product over the past three years, an unprecedented shortfall outside of wartime or recession eras. The gap is expected to stay around those levels throughout the coming decade, according to the Congressional Budget Office. In reality, it will only get wider.
As Bloomberg reports, the IMF pointed to a na...
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15.04.26 - 22:57
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Mullin Blasts Biden Admin After DHS Employee Killed By Naturalized Felon (ZeroHedge)
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Mullin Blasts Biden Admin After DHS Employee Killed By Naturalized Felon
On Monday, Lauren Bullis, a 40-year-old Department of Homeland Security (DHS) employee, was "brutally shot and stabbed to death" while walking her dog, and DHS Secretary Markwayne Mullin is blaming the Biden administration for her murder.
Olaolukitan Adon Abel (left) and Lauren Bullis (Photos: DHS)
Bullis, an auditor with the DHS Office of Inspector General, was found on Battle Forest Drive in DeKalb County, Georgia, around 6:50 a.m. Witnesses saw a man standing over her body before he fled. She was not the only victim. According to reports, a neighbor heard the gunfire and ran out of her house to see what was happening. The neighbor told local media that it appeared Adon-Abel was attempting to sexually assault Bullis.
Before Bullis died, police discovered another woman had been shot multiple times outside a Checkers & Rally's restaurant. She later succumbed to her injuries. Then, in Brookhaven, a homeless man ...
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