on behalf of the president of the russian federation, the federal treasury exercises control over theional operators, including the overhaul of apartment buildings in all constituent entities of the russian federation. what are the most common ways in which unborn performers are caught? violations are standard, for example, payment for work at an inflated price. irkutsk throughout the irkutsk region, the treasury supervises the renovation of more than 1,400 houses. not all subjects were identified such standard our audit violations as unlawful, ineffective, here we identified quite interesting violations related to the fact that the regional operator was in no hurry to begin a major overhaul, so we sent a report to the regional operator, as you can see, a major overhaul was carried out here, and is currently being completed , crimea, simferopol. for example, this house, which is located on one of the central streets of the city of simferopol, falls under all the criteria of the regional program for major repairs, and of course, in the near future time will be repaired under the strict

powers to control supervision in the financial and budgetary sphere were transferred to the federal treasury for us, as for treasurers, of course, the sixteenth year was a milestone, when the function of state financial control was transferred from roslinnadzor to the treasury. thus, the system of state financial control, due to the fact that the treasury has the opportunity to immerse itself in every area of ​​expenditure, to see every payment, to all territories of the russian federation and our controllers are present in all regions, this gives such a truly holistic picture, can be compared, of course, with such nerve endings that give feedback, provide information about what is happening: reality, the treasury does not stand still, new methods of preventive financial control are being tested, we are using information, big data, in fact, contained in various state and departmental information systems, we process this data, place control sensors that allow us to see some risky moments and warn recipients of budget funds to prevent violations. and here the controllers are helped by the fact

donetsk, a year ago, in october 2022, here a territorial department of the federal treasury was openednow a branch of the center for supporting the activities of the treasury has begun to operate. he will carry out examinations in kherson and zaporozhye. in general, we were given the task of implementing a special infrastructure project in the new constituent entities of the russian federation. the first is to prevent unjust enrichment, unjustified expenses, so that money does not leave the budget, so that it is used efficiently and rationally and results are achieved, the second is to avoid all possible violations, that is, a partnership approach, based on the events... that are happening there, can be controlled in such a way that everything can be stopped altogether, but we will control everything, but nothing will move, we will build in a year and a half, and there we need to do it every day to ensure people's livelihoods, we need to make a decision about who will restore the destroyed power line, how much it costs, usually in six months we'll find out how much it costs, i 'm just

the federal treasury has a special unit responsible for control in the financial and budgetary spherehould not be aimed only at identifying, today control should be aimed at preventing financial violations. that is, in our work we we make sure to identify weak points in order to manage these risks so that financial violations do not occur. irkutsk region, the construction of the baikal highway, the importance that local authorities attach to it is evidenced by the fact that the governor of the irkutsk region , igor kobzev, took part in the on-site inspection of the federal treasury. ilya bakarovich, and if the examination really finds violations, what will they do next? if laboratory results. will show that, for example, the pie as a whole is not meets the technical requirements and requirements of the design documentation, then of course the general contractor will have to redo , relay the entire road, for this region the baikal road is of utmost importance, it must bypass the cities and become part of the siberia federal highway, which will connect novosibirs, tomsk, kimer . krasnoy

in 2022, the federal treasury inspected the construction of local schools.illage of verkhnie ochaluki. permissions were submitted to put the facility into operation, which in fact did not take place . please look at the condition of these schools at the time of our inspection. the same situation. in one of the schools in the city of karabulak. as we see, there could be no talk of any successfully completed construction, but the acts on putting schools into operation had been signed. money to those who reported on work that was not completed, paid. the work of the controller allowed the authorized bodies and the leadership of the republic to quickly intervene to correct the situation. i have. an excellent example of verification is the construction of educational facilities in the republic of dagestan and the republic of ingusheti, and i must say that ilya abubakarovich’s colleagues helped me a lot, and he himself personally, because the head of the republic of dagestan was happy to open schools and kindergartens that had not been opened for several years bef

federal treasury. congress decides that and when you put everything >> we are t breaking away now fr live coverage of the house including use of educational standards for federal cybersecurity positions. live to the floor of the u.s. house on c-span. the speaker: the house will be in order. the prayer will be offered by chaplain kibben. chaplain kibben: would you pray with me. merciful god, you came near when we called you. in these recent days of dispute, disagreement and deliberation, when we called to you, you spoke. and our dis-- in our discretion, you -- distress, you upheld us, declaring to our hearts, do not fear. thank you for your abiding presence and the assurance of your protections in the midst of our turmoil. just god, last week you heard our troubles and took up our case. rightly dividing requirement from embellishment, clarifying necessity from excess, and guiding away through competing concerns, you redeemed our concerted attempts to uphold the stewardship of our country's resources and

at one point, it was thought maybe we would run out of having federal treasury bills because we would not have any debt. any ideas about how we can get back to that situation? pres. clinton: first, i had a big argument with alan greenspan. he was to my left. he said, we are not going to -- how did we set interest rates on federal securities if we have no debt? i said, that is a high-class problem. we will do with that when we get there. let me say that i also supported obama's stimulus program. and i supported the bill president trump passed into the bill president obama passed. when you have zero to negative interest rates, you cannot run a balanced budget. you cannot cut spending without making the economy worse, but when you do have interest rates, you have to do with your debt issue or otherwise you spend more and more money paying interest on the debt and you do not have anything left for education and health and science research. first, it is nuts to make a big issue of debt. that says -- it is a stupid role in america that congress has to approve twice paying for something they

it is congress's decision on how and when the money leaves the federal treasury. congress decides that and when you put everything >> we are t breaking away now fr live coverage of the house including use of educational standards for federal cybersecurity positions. live to the floor of the u.s. house on c-span. the speaker: the house will be in order. the prayer will be offered by chaplain kibben. chaplain kibben: would you pray with

the parameters of the federal treasury were discussed with ministers by most committees this week.te duma. the first reading of this fall's key bill is scheduled for october 26. maria burkova, anna melikyan, sergei vergunov, maxim koul, parliamentary hour. the state duma approved changes in the composition of the board of directors of the central bank. its chairman, elvira nabiulina, presented candidates, which is almost half of the council at the plenary meeting. this is a very responsible choice, from him. the quality and balance of key decisions of the bank of russia depends, during the plenary meeting, deputies asked questions from elvira nabiulina to the candidates themselves, in the central bank there should be higher personal responsibility for the representatives, members of the board of directors, vyacheslav volodin stated this. you have no other communications with civil society, with voters, except through dialogue with the state duma, i must admit central bank. became open, the chairman of the central bank conducts a dialogue, and no matter how difficult it may seem, or

are allocated from the federal budget, here it is extremely important how interaction with the federal treasury is organized, everyone makes new our regions, here the work is connected with security and here it is very pleasant that the assessment of the federal cossacks in the direction of this work is very high, because a huge amount of work was done in parallel mode, when there is no documentation, no, that means even... on the decisions made, all this is done in parallel mode , but people need to be settled, they need to be provided with heat and given the opportunity for people to work on the territory. lugansk, multifunctional medical center of the republican clinical hospital. the specificity of this object is that it was erected by military builders. control must perhaps the question is in its forms, in the organization. so that the control task itself does not dominate the task that is being solved by this or that department, this or that inspected entity or body, the current composition of financial control succeeds in this in full, the results of inspections, they do not have some ki

the parameters of the federal treasury were discussed with ministers this week. committees of the stateirst reading of this key bill autumn is scheduled for october 26. maria burkovo, anna melikyan, sergei vergunov, maxim kol, parliamentary hour. the state duma approved changes in the composition of the board of directors of the central bank. its chairman, elvira nabiulina, presented the candidates, which is almost half of the council, at a plenary meeting. this is a very responsible choice. the quality and balance of key decisions of the bank of russia directly depends on it. during the plenary session, the deputies asked questions from elvira nabiulina to the candidates themselves: there should be more high personal responsibility for the representatives of the members of the board of directors. this was stated by vyacheslav volodin. you have no other communications with civil society and voters other than through dialogue with the state duma. i have to admit. the central bank conducts a dialogue and no matter how difficult it may seem, it comes , meets with factions, convinces deputi

4,375 pages on them, with figures, a monumental work describing the income and expenses of the federal treasury 3 years. the structure of the budget shows that the main emphasis is on the army to ensure our victory. manpower, armed forces, fighters, everything necessary for the front, everything necessary for victory is in the budget, this is a big, considerable strain on the budget, but it is our absolute priority, the second, maybe even the first priority of the budget is the implementation of all state social guarantees , we provide all social obligations, but they will increase, grow, there is money for this, priority number three, technology spending. this whole story with sanctions has finally made it clear to many countries that without their own technological groundwork, they can easily , i would say, end up overboard, literally out of the blue, experience a shortage of even the most important goods and components, so the government places special emphasis on development of domestic production, we encourage both the development and adoption of advanced solutions in russia. russia is sim

justice made one of his ye in reports talked about how great it washa we returned monies to the federal treasury because that meant we were not wasteful. so the cfpb i not being wasteful and it is using wha it shoulde using in its view, and generously, you know, basically saying not the rest. what is, what is so constitutionally speeded so a couple things, your honor. first of respectfully of bobby pushback on the premise fpb isng parsimonious guy think what they're doing is are asking for large amounts bowling over a good chunk of that into their the endow. but iut that to the side. when youk at the caps of the kept a look at it both from the back end and t front end. on the backend i think most of become agrees to be some kind of upper limit. if it an upper limit is got be meaningful. the fact they've never actually hit the u limit is pretty good evidence that it's not that meaningful limit. but if you think of to look at is from the front speeded maybe it's good evidence the cfpb should be doing more. >> that's when you have to look at from the front end. from the front i the quest is h congr

justice made one of his year in reports tked about how great it was that we rurned monies to the federal treasury because that mnt we were not wasteful. so the cfpb is not bng wasteful and it is using what it should be usi in its view, a generously, you know,asally saying not the rest. what is, what is so consonally speeded so a couple things, your honor. first of all respect of bobby pushback on the premise the cfpb is being parsis guy think what they're doing is are asking for large amounts and wling over a good chunk of tho their the endowment. but i'll put that toide. when you look athe caps of the kept a look at ith from the back end and the front end on the backend i think most of us seem to agree and think sort of becomees to be some kind ofpper limit. if it is aner limit is got to be meaning the fact they've never actually hit the upper limit pretty good evidence that it's not that meaningful limit. but if you think of to look at is from the fronteded maybe it's good evidence the cfpb should be doing more. at from the front end.ook from the front in the question is has congresse a determi

treasuries? for the federal reserve to come back and raise rates another 25 basis points, do they understand the dynamic right now in the treasury market where there are very few buyers, there's overwhelming selling pressure and that if they, in fact, raise another 25 rate, they're going to send the bond market parabolic? >> reporter: i'm not sure they think that, joe. i do know they are watching the bond market. i do know many have said -- many fed officials have said -- the bond market is doing the work for the fed, and that could mean they don't have to go again. bostic from atlanta has said specifically we are at the rate. we don't have to raise anymore. so has barker, the fed does not have to raise anymore. others have said we're at or near the rate. i think they're looking at that, joe. i do think the fed is sensitive to the issues of systemic risk, like i was talking about with jim, and hopefully they're watching this. i don't know if that would forestall another rate hike because at the end of the day they're going to fight inflation, and they're going to try to win that battle. if that m

see, others with an interesting paper about treasury playing more of a role in this than the mint, talked about a digital coin.ig i want to ask about federal reserve and cbdc, do you see place for treasury to explore as opposed to tral bank? why does it have to be a central bank digital currency. >> i find the cbdc conversation confusing it does not divide out the key design elements. what part is issuing it? what is the technological specifications, when it comes to privacy and tracking. if you think about a physical coin, the most private way there is no serial number on it. there is many things that we could think about but at the same time i would argue aaron,e that there is all sorts of reasons to pursue not to pursue. if we care about retail payments, let's figure out what are the inittia of things most important to us, we have mentioned safety, speed, funds availability, we have a lot of tools to address those both in the current system and beyond. for example there is a law called electronic funds availability act, through regulation c c, federal reserve board have some authority, i think it worth taking a look at how we make funds

according to the document, federal treasury revenues next year will increase significantly in relationcience modules from the main one. this was necessary, because on october 9, the backup circuit inspected the accident site, photographed it, and now specialists on the ground will find out the reasons for what happened. in addition, our cosmonauts launched the parus nanosatellite, manufactured by students of the bauman moscow state technical university. it will help scientists study motion using solar sails. in total, kanonenka and chub spent about 7 hours overboard the station. yes, nikolai chuba, this was the first spacewalk for oleg kononenko, already the sixth. broadcast of the first channel. the good morning program will continue. good morning, dear friends, wake up, a new day has come quickly, it will definitely be successful, because this is evgeniy pokrovsky himself in the role of evgeniy pokrovsky, this is none other than svetlana zeynalova, a specially invited superstar, we remind you that on the calendar october 26, thursday - this is not just another thursday, this is world

america is unique in that the mint as a liability of the treasury and paper money is a liability of the federal reserve. i think it's kenya or argentina. they are the only countries that do this but also dollar coins in america. they said they'd make money on that. >> i see an interesting paper about the treasury in the mint when he talked about a digital coins and as opposed to the digital dollars are wanted to ask about the federal reserve and the cdc and the commercial bank. do you see a place for the treasury to explore the role of thetr central bank and why does the cap to be a central bank currency versus treasury or government-backed digital currency? >> i actually find the entire conversation very confusing. what part is issuing it, what is the technological specifications when it comes to privacy and tracking? if you think about the physical coin the most private way, there are no serial numbers on it. there many things we could think about but at the same time iin would argue are in that there's all sorts of reasons to pursue and not to pursue. i think those are heavily related to who

in november of 2021, the treasury department federal regulators reduced a report on private digital dollars. maybe found the report to be interesting especially when itt comes to outside of the consumer household. for example, the report is too financial system and market combination particularly about the period from a consumer regulators perspective, it's important to safeguard against aiprivate currencies just destabilized the business model the current creator platform operator service or risk or mitigate the report made helpful s suggestions, agencies explain the of 21 a few permits nonbanks from describe the benefits of the private issuers limiting the use of credit and payment and retail complex and they are warranted. cfpb will issue the order for certain technology firms to acquire more information that will help better obtain business practices and plans especially with respect to the use of and any issuance of private currency, produced and are an unauthorized answer fund transfer act with respect to the issuance of a little. third, cfpb nonbanks offering consumer payment. we hav

by manipulating interest rates to facilitate spending and borrowing by the federal -- by the treasury department, the federal reserve created disruptions in the economy. the unprecedented size of fiscal and monetary interventions in the last three years made the magnitude of these disruptions historic. the creation of trillions of dollars predictably spawned 40-year high inflation which caused prices everywhere to rise. low interest rates also made increasingly larger mortgages affordable which drove home prices to new highs. because interest rates were held so much lower than their natural equilibrium, investments which would not ordinarily be profitable suddenly became so institutional investors were able to buy swathes of housing for the purpose of renting. when the federal reserve belatedly raised interest rates to reduce the inflation it had helped cause, financing costs rose dramatically, especially for mortgages. fixed interest rates on 30-year mortgages have more than tripled from their lows only a few years ago. and the monthly mortgage payment on a median price home has more

hence, and the latest statement by the secretary of the treasury, former head of the federal reserve, that the united states will be able to simultaneously fight two wars in ukraine in the middle east. to this should be added the latest report the us congress promises biden about the most powerful country in human history, which can wage two nuclear wars with china and russia. china, russia and belarus understand these maneuvers. as we see, the united states is certainly difficult to come to terms with the new status of the loss of hegemonic positions, the anglo-saxons are put in place and localized, this causes them extreme forms of aggression and reactions in the form of new... conflicts, but historical processes cannot be stopped, and we are on the right side of history. each program has new heroes, all of us what we have in common is that we study at the belarusian state medical university, so we all dream of becoming doctors bko - this is the belarusian committee of youth organizations, we unite 35 youth public associations of our country, unpredictable questions, where andrei ma

it is congress's decision on how and when the money leaves the federal treasury.at and when you put everything together in one take it or leave it up proposition you are essentially telling members of congress, they are telling themselves this that you object to that. you cannot vote no. you cannot say no even though you do not agree with the funding or grams because there will be a government shutdown and response. that is undermining of congress's role under the constitution because it is lately legitimate for congress to decide how and when it wants to use his power for the constitution. it would be the opposite of democratic self-government if that was not the congress's choice. instead we are told congress has one decision to make. it has a fund the government, all of it, everything we are funding now. it may be a good idea or bad idea but ultimately it is congress's decision to make. host: and on twitter, they wrote this, if only you can go back to the days of speaker pelosi when spending bills got passed on time and the budget was passed with time to spare.

authorization, for an increase, the treasury ran down the treasury cash balances, i don't know, don't want to get too much into that, kind of like the federal. the treasury can create money in the short run. they basically injected five or $600 billion into the economy, 5 or $600 billion into the economy late last spring which i think went right into consumer spending in the third quarter. it is phony, almost like a hoax. >> you had a double-barreled host of stimulus after silicon valley bank failed. the fed balance sheet increased 400 billion in three weeks after silicon valley bank failed. because you were not issuing new treasurys you drew down all the cash reserves of the treasury department which is another 600 billion. it is not surprising in a way that you have strong growth. i would say though, avoiding a recession at all costs which seems to be what janet yellen and every one else in the administration wants to do has a cost and that cost is inflation and that's why i am of the view this is going to be harder, it will be harder to put the gene any back in the bottle than perhaps the fed and others in markets think. that inflation w

in november of 2021, the treasury department and other federal regulators produced a report on private digital dollars. the cfpb found their report to be interesting, especially when it comes to concerns outside of the consumer household and retail context. for example, the report describes risks to the financial system and to market competition, particularly if these private currencies became broadly adopted. from a consumer regulator's perspective, it's important to safeguard against the risk of private currencies such as the potential for destabilizing runs, intrusive data surveillance, private financial censorship, private regulations that favor the issuers' commerc fial interest, and consumer fraud. of course the specifications, particularly the technology specifications, and the business model of the currency creator and payment platform operator, may surface more risks, or mitigate many others. the november 2021 report made some helpful suggestions that would address some of these risks. for example, the report suggested that agencies explore the applicability of section one 21a

treasury market. there doesn't seem to be any marginal demand coming at all and chairman powell didn't suggest that could be coming from the federal reserve or the treasuries. the treasuries are pushing and it falls back upon risk management. the reality is, this is probably the bottom. the fakd i liquidated, traded the futures from the long side today and i was wrong, this is probably the bottom. we'll all benefit from it. as i said, unfortunately, when you lose a significant amount of money, you lose the right to not -- you lose the right to maintain a position according to what your particular bias might be. >> i understand. >> i'm sitting back right now -- i'm sitting back -- i'm sitting back. i'm expecting this will be a strong quarter like most people but i'm not positioned for it. >> risk management first, everything else second. i hear you on that. i know you're busy trading today and it was a struggle to get you away from the machine and i appreciate that. thank you for coming on. >> i'm glad to get away from the machine. the machine wasn't my friend today. >> you hang in there. have a good weekend. that's joe terranova,

debt securities should continue to be trusted, hence the latest statement by the treasury secretary, former head of the federal reserve, janet yellin, that the united states will be able to fight two wars simultaneously in ukraine in the middle east. to this should be added the latest report of the us congress, biden's promises about the most powerful country in human history. which can fight two nuclear wars with china and russia. china, russia and belarus understand these maneuvers. as we see, the usa it is certainly difficult to come to terms with the new status of the loss of the hegemon’s position. the anglo-saxons are being put in their place and localized. this causes them to have extreme forms of aggression and reactions in the form of new conflicts, but historical processes cannot be stopped. and you and i are on the right side of history. a region of a large union border region, we are quite actively cooperating in terms of purchasing your equipment, passenger, agricultural, and for our part we supply equipment and components for the tractor plant. at first it was. belarusian egg, and then the larges

mentioned, treasury has a role in helping mitigate climate related risks more broadly in the financial system. there's activity led by the financial stability oversight council, the federal insurance office, treasury released zero principles intended to help guide private net zero commitments. at the household level i want to highlight a couple of things. first, obviously we know people need tremendous resources to recover from disasters and to build resilience. my colleagues here are part of ensuring that those resources reach the people who need them. there's an effort treasury around the implementation of the ira, also representing transformative investments in preparing for climate change. we also need to recognize that alongside resources and alongside consumer ira it's important information and the financial information that can help plan for future and react to disasters. this report is part of that and part of the overall mission of the financial literacy and education commission which as i mentioned consulted with treasury throughout the production of the report. i want to take one step further and just note, you know, as secretary steel highlighted, in this rep

treasury to the federal reserve. $50 treasury and you get $100 back.s question -- the fed is ready if something needs to be done but there is no indication that anything needs to be.. lisa: what about quantitative tightening? andrew: that is were going on for some time, going out without a big effect on markets. you have mainly been draining liquidity. but as the fed drains reserves from the system, quantitative tightening goes down, deposits come down at banks. when deposits are down, banks do not have the liabilities to buy assets. what are they buying? treasuries, mortgagors. that is one natural buyer of treasuries. but quantitative tightening is going on. lisa: decided concern for the fed? -- is that a concern for the fed? ira: the federal reserve is concerned about when will quantitative tightening have an effect on the overall financial system? some think that the fed will continue to run off even well beyond when we think they will ultimately have to ease up on quantitative tightening. ultimately, how much liquidity does the banking sector need?

major equity markets mostly rallied as top federal reserve officials suggested a recent spike in us treasurythat's how the us markets close there. it's up on your screens, but we'll have much more on our bbc news website as well. that's all for the moment. do stay on with bbc news. bbc news — bringing you different stories from across the uk. i suppose getting towards the end of my pr in london career, i thought, "where shall i go? "what shall i do to earn my living?" and one of the things i really enjoyed was gardening. so i went to college. the garden monique has created here has just been accredited by the organisation which sets the global standard for botanic gardens. it's among just ten in the uk. it gives you that recognition that you've achieved a level that means that you — it's hard to describe — that you are as best as you can be. botanic gardens, or whether you're a national collection holder, you are merely guardians and you're here to preserve what nature has provided for future generations. trees are the focus of a series of events at the garden this month called arbour. and i

there's the treasury department that needs to finance our government. the federal reserve is 5.3 trillion in treasuries. another 2.6 and agency. crazy. it sells as a way to shrink the money supply. there are the regular owners of bonds some of whom are gigantic amounts of money to on those funds. finally, there are the short- sellers who are trying their best to slam the price of bonds down and they have been the winners. they got this right. they can probably keep winning if they raise rates again. they most certainly will if this keeps up. yes these days it feels like the prices go down on anything. any news about the economy. today we have job openings. what else is new? yesterday we had any fracturing number rates. u.s. tenure is going from under 4.6% to around 4.8. in just two days. many are now betting that friday show meaningful job growth which will bring even more. it's perfectly reasonable for them to go down in price and upping yield. longer-term bonds had higher than short-term to merge over time. only in this crazy. has it been so much lower than short

going to learn what the supply is for five-year, ten-year, 30-year paper, and the treasury department like the federal reserve is going to have to step back. >> amy, the fed done? do you think they're going to hike again? >> it's likely that they may have to hike again considering that cpi data as we saw this morning continues to be hot. i don't know if that's the right message now. i think it's really how much higher for longer is probably the bigger question looming over the market, if you ask me. >> but what if -- i'll give you that. but what if -- what if it's not quite this high, but it's still for longer, and it's just more normal? we're just normalizing rates. now, i don't know if the market can handle 5% rates and i'm not suggesting that it can, but if rates come down but still remain a elevated over historical levels is that really that bad as long as the economy remains strong enough? >> it really is a function of whether you're going from 5 to 4, and at 4, you're still 4 above what it was ten years ago. i think in this kind of market, smaller cap and mid cap players that are a lot more sens

bluebird electric schoolbus manufacturing company that is receiving federal funds voted to unionize because that was their choice. treasury department laid out recently in the major report that unions and collective bargaining are good for the economy overall. they help raise wages that only for the workers in the factory but for everyone, whether or not they are union, , whether not yu belong to a union. and also increase, excuse me, also increase corporate growth. and today's job report is just another example what it looks like when we focus on building an economy from the middle out and the bottom-up not the top down. i'll bring a deficit down at the same time. you know, just this summer i signed strong bipartisan law, shook hands with the former speaker, and we passed in the house and the senate as well to cut spending by $1 trillion over the next ten years. unfortunately, last weekend republican house members decided they're going to put that progress in jeopardy because the honor that commitment they made they once again brought us to the brink of a got shut up creating and this is her instability and risk in order

take a look at treasury yield on the move after the cpi lost to federal president susan collins said reasury yields is sustained it could reduce for more rate hikes. across-the-board you are hearing the same messaging out of the fed and that is the bond market is doing the work for the fed are you in the camp that perhaps we see another pause at the next fed meeting on november 1. >> i bit in that camp i've been going long 30 and the ten since late august and late last week i was on a buying spree. i don't think it really matters right now whether or not we do another quarter-point rate hike. for sentiment if we want to get the hard landing priced in i would love to have another quarter-point, it would make people panic but the core issue is that the fed is going to keep stuff longer than everybody wants because they look at logging data we should all know this but we think on wall street you have a lot of young analyst that came into the market after 2009 and they don't know what inflation or pain is. rates stay high for a while. i am all over the ten and the 30 if we see the tenure

securities should... continue to be trusted, hence the latest statement by the treasury secretary, former head of the federal simultaneously fight two wars in ukraine in the middle east, to this we should add the latest report of the us congress, biden’s promises about the most powerful country in the history of mankind, which can wage two nuclear wars with china and russia, china, russia and belarus. as we can see, it is certainly difficult for the united states to come to terms with the new status of the loss of ghegemon’s position. the anglo-saxons are being put in their place and localized. this makes them feel extreme. forms of aggression and reactions in the form of new conflicts, but historical processes cannot be stopped, and we are on the right side of history.

the big issues right now in the bond market is not necessarily the federal reserve decision tomorrow, but also the fed refunding -- treasuryunding announcement we will see that will reveal how much they will ramp up some of the sales. this is important when we talk about the move in terms of issuance. do we start to see more issuance on the long end of the curve to fund the fiscal deficit in the united states, or do you see more issuance on the front end of the curve because treasury bills have seen the most ease of digestion? that will impact how much you will see on the move for the bond yields. keep in mind this is something people are watching very closely. yesterday we got a quarterly borrowing estimate that was cut, suggesting the amount of issuance the markets are expecting is not what we all will actually get. for chairman powell, signaling the positives and rate hikes is going to be there for longer, but if you do not have that ease of digestion than the treasury market, do you need this pause in rate hikes? this is one thing that is on investor minds. coming up, we will discuss the yen dropping after the boj made