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Growing Number Of Oil Tankers Successfully Sneak Through Hormuz, Shrinking Iran's Leverage One week ago we reported that " As Gulf States Plan Bypass Pipelines, US Military Is Quietly Helping Ships Cross Hormuz ." We now have more evidence that, whether with or without a US escort, a growing number of ships are transiting Hormuz.  According to Bloomberg, off the coast of Oman over the weekend, 16 tankers clustered together to transfer ....








Stellar 10Y Auction Stops Through Thanks To Surge In Foreign Demand After yesterday's mediocre 3Y auction, moments ago the Treasury held a stellar 10Y reopening (of cusip QQ7).  The sale of $39 billion in 9 Year-11 Month paper priced at a high yield of 4.538%, up from 4.468% last month, and 0.1bp through the 4.539% When Issued. This was the first stop through following 4 sequential tails for the tenor. The bid to cover rose from....






























Goldman Breaks Down Build America 250 Impact On Construction Stocks The Build America 250 bill is a proposed transportation infrastructure funding package covering federal projects between 2027 and 2031 and would succeed the Biden-era Infrastructure Investment and Jobs Act, which expires in the coming months. Goldman analysts, led by Ben Rada Martin, stated that the Build America 250 bill has cleared House committee approval with limit....

The IPO Boom: Where Will The Money Come From? Authored by Michael Lebowitz via RealInvestmentAdvice.com, The media hype surrounding SpaceX’s upcoming mid-June initial public offering (IPO) is immense. The company recently filed its S-1 with the SEC, targeting a valuation of $1.75 trillion and a capital raise of up to $75 billion. Some believe its valuation could rise to $2 trillion after the IPO. In its wake, Anthropic (Claude) and....


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