A US treasury yield curve trend change appears to be underway. The move has strong implications in a number of ways.
The 30-year long bond yield for this move peaked on March 18 at 2.45%. The 10-year yield peaked on March 31 at 1.74%, barely beating 1.73% on March 19.
It’s not the news that matters, it’s the market’s reaction to it.
Yields had been inching lower. Then last Thursday there was a sudden large drop in yields on the 30- 10- and 5-year treasury yields.
A law enforcement source, speaking on a condition of anonymity, reported the illegal entry of 106 Venezuelan nationals south of Del Rio, Texas, on Thursday. The group consisted of 56 family units and was quickly apprehended by the Border Patrol. They were transported to nearby stations for processing.
Since Friday, more 700 Venezuelan nationals have entered through the small West Texas town. Most will be summarily released into the community to travel to their destination in the United States.
Last Friday, Border Patrol Agents apprehended 167 Venezuelans in the same area. On Sunday, an additional 112 made entry adding to the total. On Monday, 106 Venezuelan nationals made landfall in the same area. On Wednesday, over 200 Venezuelans illegally entered as well.
When you can convince people racism is rampant, you ignite a flame of division and destruction that can only end with bodies on the ground and cities leveled.
Adam Toledo is a name that has likely saturated your newsfeed over the past month. He was a 13-year-old Mexican-American boy who was fatally shot by a police officer on Chicago’s West Side not one month ago.
This week, that name was overshadowed by Ma’Khia Bryant, a black teenager who died at the hands of law enforcement in Ohio. In both cases, leftist politicians and Twitter-verified “journalists” couldn’t get the story out fast enough, absent facts, video, or nuance — but the headlines wrote themselves: “Racist Cop Shoots Unarmed Minority.”
Also in both cases, the stories turned out to be completely wrong. On Wednesday we learned that Bryant wasn’t just standing in her driveway unarmed, or just casually holding a knife, or even dueling with another armed kid in a “knife fight” when the officer discharged his weapon. After the officer arrived, she lunged with a knife at another black girl she had pinned against a car, after having already charged a different girl nearby. She was armed and dangerous. And the officer, although accused of being a racist pig by even the White House, instead saved at least one black girl’s life.
Not only did journalists kick off the Toledo narrative with the same racist-cop rhetoric, but when officer body camera footage was released, showing what appeared to be the boy holding a firearm right before the officer shot him, CBS News cropped out that part of the video and failed to note that he was armed in its write-up of the incident. Meanwhile, politicians peddled the line that Toledo was “unarmed.”
Can Lebron James explain why the lives of black CRIMINALS matter more to him than the lives of their intended black VICTIMS?
Rep. Alexandria Ocasio-Cortez (D-NY) celebrated Earth Day by accusing Republicans of using “statistics and studies” to fear-monger about the potential nightmares associated with abandoning fossil fuels in favor of so-called “green energy” produced by windmills.
“Happy #EarthDay!,” Ocasio-Cortez wrote in a Thursday Twitter post introducing a video of her defense of the increased costs that would result from adopting he Green New Deal energy plan:
“Happy #EarthDay! Here’s a friendly reminder from this morning’s committee hearing that investing in sustainable energy sources now makes more financial sense than spending billions to repair fossil fuel infrastructure after each climate disaster.”
In the video, Ocasio-Cortez says Republicans are using “statistics and studies” as evidence that Democrats’ attack on carbon emissions and fossil fuels is “a socialist conspiracy takeover” that will cause Americans’ electricity costs to skyrocket:
A bicameral group of legislators is questioning why the Centers for Disease Control and Prevention (CDC) recommends children as young as 2 wear masks.
The CDC first recommended that children aged 2 years or older wear masks in March 2020, advice that many states based their masking rules on. In January, President Joe Biden signed an executive order that all airports, trains, and many buses follow the CDC’s masking recommendations.
“The implementation of these recommendations has had serious consequences for some Americans. Multiple parents of young children have been removed from flights, and in some instances, permanently banned, from future travel on the airline they were flying due to their toddler’s refusal to wear a mask,” Sen. Mike Lee (R-Utah) and the other lawmakers wrote to the CDC’s director, Dr. Rochelle Walensky.
“These unfortunate events have occurred despite the parents’ best attempts to have their child cooperate with the mask requirement, which is a struggle millions of parents have faced this past year. For parents of children with disabilities, compliance has proved almost impossible, resulting in increased social isolation and negative mental health consequences,” they added.
The CDC’s advice is among the most strict in the world. In a number of European countries, children under 11 years old do not have to wear masks.
Legislators noted that scientists and studies have repeatedly noted the lower rates of COVID-19 infection and transmission among young children.
Given that evidence, they asked Walensky to provide the basis for the CDC’s recommendations, including specific studies the agency used, and asked if there were plans to update its recommendations on mask wearing as new information emerges.
Thirty-two Republican lawmakers signed the letter, including Sen. Rand Paul (R-Ky.), Rep. Rick Crawford (R-Ark.), and Rep. Tom Tiffany (R-Wis.).
The CDC did not respond to a request for comment.
