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Trump Beef Import Deal Draws Rancher Backlash as Key Details Remain Undisclosed
The consensus read on the Trump beef import deal is that it is a straightforward, if temporary, cost-of-living gesture ahead of November’s midterm elections. The rancher reaction, the…
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Pending Home Sales Record Low Tightens Grip on the US West
The consensus read on the US housing market holds that affordability will eventually crack and buyers will return. July’s pending home sales record low reading in the West, and a…
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30-Year Treasury Auction Yield Hits 2001 High as Supply Pipeline Swells
The 30-year Treasury auction yield reached its highest level since 2001 this week, clearing at 5.216% as the US government sold $742 billion of Treasury securities across nine auctions, and…
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US PPI July 2026 Outlook Darkens as Strait Closure Ends the Fuel Tailwind
The consensus reading of the US PPI July 2026 data is that flat final demand is a welcome pause. The numbers underneath that headline, and the fuel-price trajectory since the data was…
