On a day devoid of any major market-moving news, investors sent yields in the roughly $25 trillion Treasury market closer to or further above 5% on Wednesday. It isn't the level of yields that may prove to be problematic as much as it is the speed with which they got there, with the pace only accelerating since the Federal Reserve's policy announcement last Wednesday, analysts said.
Three years ago, during the U.S. onset of the Covid-19 pandemic, yields on everything from Treasury bills to the 10-year security were near zero. But in just the past handful of months, rates on 2-, 10- and 30-year government debt have all jumped by more than a full percentage point each from their 2023 lows. One of the biggest factors that is sending long-term Treasury yields to multi-year highs is a recalculation of what's known as term premium, or compensation that investors demand for the risk of holding a bond over the life of that security, according to Alex Pelle, an economist at Mizuho Securities in New York. Unlike the risk of holding cash, which is seen as limited, the same can't necessarily be said for long-term government debt.
A report published by Human Rights Watch (HRW) on Tuesday says that the US has added Egypt to its list of countries believed to be using child soldiers.
According to the report, the designation by the State Department comes after a number of independent investigations, which found that Egypt's military has been conducting joint operations with allied militia groups in northern Sinai that recruit children.
These operations often included combat against groups such as the Islamic State-affiliated Wilayat Sinai. Some of those recruited to fight were as young as 16, and were used for various tasks, including logistics and combat operations.
Previous reports and investigations have revealed that the child soldiers were wounded or killed in the fighting. HRW also cited a number of videos shared on social media platforms, such as Facebook and TikTok, which have depicted child soldiers engaging in military operations.
Others were tasked with spying, delivering food to military checkpoints and disassembling explosives, the group found. HRW's findings, released on Tuesday, come after a months-long investigation by SFHR, partly based on testimonies from the children's relatives, pro-government militia members and a child allegedly enlisted by armed forces.
The agenda is disguised as an international pandemic treaty under the World Health Organization(WHO).
According to Nass, whose medical license was suspended in January 2022 by the Maine medical board for allegedly spreading “COVID misinformation” and prescribing ivermectin, the current draft of the treaty and the proposed amendments to the International Health Regulations (IHR) would require the public to have mRNA-based vaccination.
However, these vaccines are only produced in 100 days by skipping human trials and reducing safety and efficacy testing to the bare minimum.
On Wednesday, the House Ways and Means Committee voted to release new documents from IRS whistleblower testimony confirming that Hunter Biden sold access to his father Joe Biden via the “family brand.”
“The Biden Family foreign influence peddling operation suggests an effort to sway US policy decisions,” House Ways and Means chairman Jason Smith said.
The Committee released a June 6, 2017, WhatsApp message from Hunter Biden to a business associate that he was not willing to “sign over my family’s brand,” or give the individual “the keys to my family’s only asset.”
Chairman Smith added, “That asset could only be one person: Joe Biden.”
Among the documents released was a text message from Jim Biden to Hunter Biden talking about working with Joe Biden.