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US 7-year Treasury auction bid-cover ratio 2.49, prior 2.50.

2026-07-29

US 7-year Treasury auction bid-cover ratio 2.49, prior 2.50.

Other News
2026-07-28

Iraq's Ministry of Oil: A total of 32.1 million barrels of oil were exported in May and June.

Iraq's Ministry of Oil: A total of 32.1 million barrels of oil were exported in May and June.
2026-07-28

Axios reports US officials say economic sanctions could ultimately inflict more damage on Tehran than military strikes. US intelligence and open-source reporting point to a deepening Iranian economic crisis, including gasoline shortages despite Iran

Axios reports US officials say economic sanctions could ultimately inflict more damage on Tehran than military strikes. US intelligence and open-source reporting point to a deepening Iranian economic crisis, including gasoline shortages despite Iran being one of the world’s largest oil producers. One senior US official said: "Iranians want the bombing to stop, they also want money. But the priority is almost reversed — what they really want is money." Another official acknowledged sanctions and a maritime blockade are likely to take longer than strikes to compel Tehran back to the negotiating table; Trump has not authorized a full-scale bombing campaign. The extended timeline could deepen Republican political risk by forcing them during the midterms to defend an unpopular war and high oil prices.
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