Bloomberg: #Long-bond #yields climbed around the world on concern that the #Fed will fail to rein in #inflation. The #Treasury #30-year #yield now stands at the highest since 2007.
#markets
Remote
Don “Dr Mabuse” Curren 🇨🇦🇺🇦
@dbcurren.bsky.social@bsky.brid.gy
writer/blogger, formerly journalist at WSJ, Dow Jones, Reuters, others. #economics #markets, #music, #philosophy, #books, #technology, #photos, etc. (ie hopelessly eclectic) Toronto. May not respond to DMs. Blog at: doncurren.blogspot.com
🌉 bridged from 🦋 dbcurren.bsky.social, follow @bsky.brid.gy to interact
🌉 bridged from 🦋 dbcurren.bsky.social, follow @bsky.brid.gy to interact
146 Followers
36 Following
47 Posts
1 Bloomberg: The US #30-year #bondyield has held above 5% for the longest stretch since the dawn of the financial crisis, echoing investor concerns about a growing #debt pile and sticky #inflation. 🧵
#bonds #yields
“When she actually governs, she thinks about grievance, about faction, about who is inside the tribe and who is outside, and what performance of concern will sell on the radio show this week.” #DanielleSmith deadfortaxreasons.wordpress.com/2026/04/21/i...
It’s Not Me, It’s Them: A Brea...
"We have strengthened our relationship with #Canada, there are #Canadian #business #investments in #Mexico," said #Sheinbaum, responding to a question from CBC News during her regular weekday news conference. www.cbc.ca/news/world/c...
Mexico, Canada have formed a c...
“Those are pop-star numbers for genuinely freaky music, a prog-club sound that takes its wayward undertow from Khn’s #microtonal musicianship – playing the notes b/n the notes, a mode historically found in eastern music – and Klek’s sewing-machine needle drumming” www.theguardian.com/music/2026/m...
‘We’re not Lady Gaga and Elton...
“Far from being self-stabilizing, the Earth’s #climate #system is an ornery beast which overreacts even to small nudges,” wrote the late Wallace Broecker in 1995, two decades after he coined the term “ #globalwarming.”
RE: https://bsky.app/profile/did:plc:sg725qoaoo3amupk3p5gi6yl/post/3mpy32x7oas2f
"The #social-media industry spent a decade making its #toxic practices legally and politically untouchable. The children, parents, and loved ones of those harmed are now demanding #accountability. The question is whether #policymakers will respond before the #AI industry replicates the same model."
RE: https://bsky.app/profile/did:plc:5zca2ola2zxpkw37w4f3wxtu/post/3mr3xivszk22i
Quoting
"When Sewell confided #suicidal thoughts, the #chatbot issued no warning, notified no one, and referred him to no one." www.project-syndicate.org/commentary/a...
AI Will Supercharge Surveillan...
Open quoted postTo me, as a complete outsider, it’s baffling that some #Democrats are turning on others at this late date in America’s slide into #tyranny …
RE: https://bsky.app/profile/did:plc:ujmfk45hs5smet3y3fxynzyi/post/3msfyrkmkoc2e
Replying to
2: #AI: What happens if #companies start limiting their #tokenbudgets meaningfully because they are only seeing weak #ROI, and as a result, #compute demand either slows down or shifts to #Chinesemodels?
🧵
“There are 10 #Canadians in total, including four still on board the ship, affected at this point, and all are asymptomatic, according to Reimer. On Thursday, it was reported that two people in Ontario and one person in Quebec are isolating” apple.news/APZVA0PoUTUa...
Six people in Canada receiving...
“Discussions of the #Trump #tariffs, even critical ones, don’t emphasize enough the fact that every one of these tariffs broke #international #agreements made by the #UnitedStates in the past.”
RE: https://bsky.app/profile/did:plc:5zca2ola2zxpkw37w4f3wxtu/post/3ms6iwd3t5s26
Bloomberg: The #Magnificent7 Index is down 1.9% this year, falling well short of the S&P 500’s 9.6% gain. #Alphabet is actually the best performer among that cohort in 2026, while competing #AI spenders #Microsoft and #Meta are at the bottom.
#markets #Mag7 #tech
Bloomberg: #Stocks rallied across the world after Micron Technology’s blowout forecast reaffirmed the bull case for the #AI trade. #Micron jumped 17% in #premarket #trading, pulling #Nasdaqfutures higher.
#markets
"We expect July 1st to come and go, and for the #UnitedStates to not confirm its wish to extend," said Greta Peisch, a former USTR general counsel who is now a trade partner at Wiley Rein in Washington. #CUSMA stocks.apple.com/AuHFz0IvET1G...
US declaration to exit USMCA t...
“If believing something suits MAGA’s prejudices and interests, they don’t hesitate: they simply insist that it’s true. They routinely dismiss scientific and statistical evidence, but they don’t stop there. They’re perfectly willing to deny #reality even if the #truth is staring them in the face.”
RE: https://bsky.app/profile/did:plc:5zca2ola2zxpkw37w4f3wxtu/post/3mrvbeqhbq22x
Quoting
“What the ongoing show trial of #Fauci — which motivated this post — has really driven home, however, is that what #Trump and his supporters hate most of all is #reality.” open.substack.com/pub/paulkrug...
Reality is a Communist Plot
Open quoted post“Increasingly, #Meta has been using #debt to fuel its #spending, amassing $59 billion in long-term debt on its #balancesheet by the end of 2025, double the prior year’s total.”
www.nytimes.com/2026/05/08/o...
Opinion | Meta Is Dying. It’s ...
Replying to
#MonarchButterfly on the #ButterflyBush, back #garden, East End, #Toronto, July 9/26
#butterfly #butterflies #gardens #bloomscrolling
1 BMO: U.S. and Canadian #equityfutures are up this morning (0.2% to 0.6% @ 06:35 EDT) amid mixed global #markets, reflecting oscillating concerns about the Iran conflict and AI-related stocks. 🧵
1 Bloomberg’s John Authers: “The grip of the #MagnificentSeven over the media’s imagination is plainly loosening. The same is true of its hold over #market #traders. Since 2020, Bloomberg’s index of the Magnificent Seven is still far, far ahead of the index for the other 493 largest stocks …” 🧵
“It’s not just easy to start a #fire — now there’s potentially a #financial #incentive” www.cnn.com/2026/07/17/c...
People are making wildfire bet...
“in 1982, the first year Forbes compiled its list of the 400 #richest #Americans, the combined wealth of the 400 was only $92B. In 2025 it was $6.6T. Even adjusting for inflation, the growth of #wealth at the top has dwarfed gains … for the average American” open.substack.com/pub/paulkrug...
Democracy in an Age of Powerma...
Replying to
3: #Inflation outlook: With inflation trending higher, what are the implications for #equity and #credit #markets if the #Fed hikes in September and December, as currently priced in fed funds futures?
Bloomberg: #Trump officials and outside allies are exploring ways to remove members of the #FedBoardofGovernors to clear the way for more of the president’s own picks, according to people familiar with the matter. #Fed
Replying to
2 BMO: Military strikes by both sides intensified overnight. #Treasuries remain on the defensive after the #10-year #yield jumped 5 bps yesterday to 4.61% and the 2-year yield leaped 6 bps to 4.27%
#markets
1 BMO: #Markets are steady this morning with #equityfutures pointing to flat open & #Treasury #yields fading further as the #10-year #yield dips below 4.45%. That comes after the U.S. and Iran reached an agreement that will extend the #ceasefire and open traffic through the #StraitofHormuz
#markets
Just positioned for maximum visibility on our tiny frontyard.
#NoJetsTO #SaveOurWaterfront #Toronto #T.O. #BillyBishopAirport #TorontoAirportExpansion
“The #EU and #Canada have an enormous amount to gain from each other, but face great difficulties in getting to the place where these gains will be delivered.” #CanadaSky open.substack.com/pub/programm...
Canada is cosying up to Europe
Replying to
2 BMO: … #Fed Governor #Barr stating that he anticipates further #ratehikes will be needed to corral #inflation. The #30-year #yield, at 5.43%, is the highest since 2004. #Fedfundsfutures are pricing in around 75% odds of an Oct 28 (pre-elections) #ratehike and … 🧵
#markets
#MonarchButterfly on the #ButterflyBush, back #garden, East End, #Toronto, July 9/26 - #2#butterfly #butterflies #gardens #bloomscrolling #ButterflySky
Bloomberg: The US #JusticeDepartment is probing how #Iran’s #supremeleader built a global #investment #portfolio with exposure to #WallStreet #banks, according to four officials with direct knowledge of the matter.
#Iran
“America’s first #datacentre #bans have hit the state level (see map below left), with Maine’s #statelegislature this month passing a first-in-the-country temporary #moratorium on all #datacentres larger than 20MW until Nov 2027” open.substack.com/pub/adamtooz...
Replying to
“That’s one quarter step for #guitar, one giant leap for mankind.” #AnginedePoitrine #Khruangbin #music #instrumentalmusic open.substack.com/pub/iverson/... #MusicSky
Viral videos of Khruangbin and...
“In place of the powerful #NATO alliance that has protected all nations’ sovereignty, #Trump appears to want the sort of world called for by Russia’s president Vladimir #Putin, in which #greatpowers carve up the globe into spheres of influence” open.substack.com/pub/heatherc...
July 7, 2026