Fuck @tether

The US 10Y Note Yield is now moving in a literal straight-line higher, up to 5.13%. This is no longer an issue that we have months or years to address. This is unsustainable.

UPDATE: As of this morning, there are now 4 states where more than 1 in 10 home sellers are willing to accept less than what they originally paid for the unit. Colorado leads the country with 12.4% of all home sellers willing to walk away with a loss. Hawaii: 11.4% Florida: 11.1% Arizona: 10.1% Nationally, this rate is 7%

$SATA is trading more dollar volume than the five largest bank preferreds combined. Avg daily, Sept 1–21, 2026: SATA - $55.2M WFC-L - $11.1M JPM-D - $6.0M JPM-K - $5.2M BAC-B - $4.4M C-N - $4.3M Top 5 combined: $30.9M. Traded more than all 5 combined in 13 of 14 trading sessions in September.

BREAKING: Bitcoin rises above $84,000 for the first time since January 31st as $260 million worth of levered shorts are liquidated in 60 minutes.

Bitcoin turned $10,000 into $113,000 since January 1, 2020, yet an investor who missed only its 25 best days out of 2,453 would be sitting on $7,200 today. Just 1% of the days delivered more than all of the gains, and the other 99% of days combined lost money.

The RBA has NEVER done any modelling to determine if reducing government spending would help the economy 🙄

BREAKING: Saudi Arabia has informed its European customers that late-September crude oil cargoes will be cancelled, due to the East-West pipeline being shut after last week's attacks and Yemen's Houthis taking over the entire Red Sea coast, per three sources to Reuters. Yanbu had five to seven days of crude stocks left for export when the East-West line went down, per industry sources on Saturday, and cancelling late-September cargoes means Riyadh does not expect the line back before they run out. Europe has been taking Saudi crude through Yanbu because Hormuz has been closed since spring. On top of the pipeline, the Houthis appear to have struck the YASREF refinery at that same port this morning.