tyb
>>18782425, >>18785405 pb
PF: Europe/Med Activity-McCarthy group AC in Aqaba, Jordan
BOXER40 C-40C arrived at Aqaba, Jordan from Amman depart
>part of this group https://twitter.com/SpeakerMcCarthy
German AF GAF056 and 023 A400ms heading to Muwaffaq Salti Air Base, Jordan-still busy here with load outs
Saudi AF HZKSGA G4 NW from Riyadh departure
Hungarian AF HUAF565 Falcon 7x usually SE from BudapestFM Peter Szjaritoon this one and landed at Istanbul, Turkey
Szijjarto: Hungarian schools facing "pressure by godless ideologies"
https://www.budapesttimes.hu/hungary/szijjarto-hungarian-schools-facing-pressure-by-godless-ideologies/
RAF RRR7203 RC-135 Rivet Joint and RRR9954 A330 MRTT (tanker) over eastern Romania
Czech AF 2801 A319 on ground about to take off from Prague
NATO04 E-3A Sentry AWACS done over central and southern Poland
AE6858 US Navy P-8 Poseidon heading NW from Nordholz AB
on the right side of cap have Paki AF PFF2 G4 passing south of Moscow @43k ft from Lahore Pakiland depart
Swedish AF Saab S 100D Argus 340 AEW&C (Airborne Early Warning and Control AC) out of Skaraborgs AB trackin' just WS of Stockholm
2 German AF GAF781 A-321neo SW from Trondheim and 861 A-319 NE from Koln/Bonn depart…861 heading to Bergen
ty for the kind words all
Indian AF INDIA1 737PM Modireturning to New Delhi from a Belagavi departureIndian AF INDIA1 737PM Modireturning to New Delhi from a Belagavi departure
Karnataka Assembly Elections 2023: Congress Leaders Are Accountable to 'Shahi Family' in Delhi, JDS Is a Private Limited Company of a Family, Says PM Narendra Modi in Belagavi
https://www.latestly.com/socially/india/news/karnataka-assembly-elections-2023-congress-leaders-are-accountable-to-shahi-family-in-delhi-jds-is-a-private-limited-company-of-a-family-says-pm-narendra-modi-in-belagavi-watch-video-5100403.html
"While the world is taking note of India’s democratic ethos and developmental strides, some people in reverse gear mindset are busy defaming India. Our people will not accept those with such a reverse gear mindset."
https://twitter.com/narendramodi/status/1653730955495100417
Delta on Modi twat 4:59 and 459 Q drop
10, [10-9]
Operational_window(5-6)_FDeltaC25-26
Secured.
Floor is yours.
Twitter FW_
Twitter [kill_rogue]
CONF_WHITE_WHITE_
Q
PlaneFag CONUS Activity
SAM718 G5 arriving at JBA from Peterson SFB onight
SPAR18 C-40C west from JBA after arriving yesterday from a Tel Aviv depart (stopped at Shannon, Ireland for a refuel)-this was probably MCarthy arriving back yesterday while the rest of that group is still in Jordan
SPAR =Special Priority Air Resource
Belgian AF BAF84 Falcon7x departed Toronto Pearson Int'l after an onight and have BAF89 Falcon 7x over Nova Scotia heading WS from Brussels depart
PAT749 Beech C-12V Huron departed Trinidad and Tobago after arriving from Georgetown, Guyana on 0429
The usual P-8s off Space Coast from NAS Jax and since it just showed up GTMO001 US Navy Beech rounding Cuba heading to Ft. Lauderdale or NAS Jax >>18790342
no idea but been there for several weeks and sometimes another one appears-could be a drone that is just left on
omg this again….
BTW LIBOR is supposed to be ending on July1 fat chance as they already use a frankenstein'd version of it as the replacement until this (SOFR) Secured Overnight Funding Rate is used and supposedly computed using the reverse repo data from the NYFRB/Treasury transactions
There isn't enough space to go into what LIBOR is and how abused it is/was but all it is was a survey "how much can you (bank) secure funding from another bank"-throw out the high and low of the responses and poof! trillions of financial products are set using something that is nothing moar then a statement
Treasury Keeps Quarterly Debt Sales Unchanged Ahead Of Second Half Surge, Stuns Market With Launch Of Treasury Buybacks
The Treasury has published details of its quarterly refunding and subsequent Treasury auctions, and as previewed earlier, it kept sales of longer-term debt steady for the third straight time, in line with dealers’ forecasts, while unexpectedly announcing a new program to buyback older securities, starting sometime in 2024. According to some, a buyback program is not that different from QE as it injects liquidity into the system at regular intervals.
Subject to the ongoing limitations of the debt ceiling, the Treasury kept new issuance unchanged; It announced it would offer $96 billion of Treasury securities to refund approximately $75.2 billion in notes maturing on May 15, 2023. This issuance will raise new cash from private investors of approximately $20.8 billion. The securities are:
*A 3-year note in the amount of $40 billion, issued on May 9 and maturing May 15, 2026;
*A 10-year note in the amount of $35 billion, issued on May 10 and maturing May 15, 2033; and
*A 30-year bond in the amount of $21 billion, issued on May 11 and maturing May 15, 2053.
The balance of Treasury financing requirements over the quarter will be met with regular weekly bill auctions, cash management bills (CMBs), and monthly note, bond, Treasury Inflation-Protected Securities (TIPS), and 2-year Floating Rate Note (FRN) auctions. The Treasury said it believes that current issuance sizes leave it well-positioned for its near-term borrowing needs, and so intends to keep nominal coupon and FRN new issue and reopening auction sizes unchanged during the May 2023 – July 2023 quarter, which are shown in the table below-Cap#2
Yet with tax receipts far below expectations (which will lead to an earlier debt ceiling X-date) and the budget deficit widening as the Fed shrinks its holdings of Treasuries, US debt managers widely anticipated a surge in issuance of longer-term securities later in the year, something which the Treasury's latest debt borrowing estimates strongly hinted at, by anticipating $1.45 trillion in borrowing needs for the April-September period. The Treasury Department said Wednesday that may happen as soon as August — an earlier timeframe than many dealers thought, to wit: "based on projected intermediate- to long-term borrowing needs, Treasury may need to modestly increase auction sizes later this year, potentially as soon as the August 2023 refunding announcement."
Sales plans for Treasury Inflation-Protected Securities, or TIPS, were also kept unchanged compared with sizes over the prior quarter. But the Treasury added that it will “continue to monitor TIPS market conditions and consider whether modest increases would be appropriate in future quarters.” The Treasury also addressed the elephant in the room, namely the looming debt ceiling crisis, noting that as Yellen outlined in her recent letter to Congress, "our best estimate is that we will be unable to continue to satisfy all of the government’s obligations by early June, and potentially as early as June 1, if Congress does not raise or suspend the debt limit before that time." In keeping with the spirit of newfound spirit of fearmongering, the Treasury said that while "It is impossible to predict with certainty the exact date when Treasury will be unable to pay the government’s bills, and Treasury will continue to update Congress in the coming weeks as more information becomes available" given the current (very loose) projections, "it is imperative that Congress act as soon as possible to increase or suspend the debt limit in a way that provides longer-term certainty that the government will continue to make its payments."
Bottom line: "Until the debt limit is suspended or increased, debt limit-related constraints will lead to greater-than-normal variability in benchmark bill issuance and significant usage of CMBs." As a reminder, a high-stakes summit is now planned for May 9 between Joe Biden and top congressional leaders on the debt limit.
moar
https://www.zerohedge.com/markets/treasury-keeps-quarterly-debt-sales-unchanged-ahead-second-half-surge-stuns-market-launch
Nope zero problems on unrealized losses sitting on all bank balance sheets
agree but highly unlikely
Iran Seizes Second Oil Tanker In Arabian Gulf (WTI down -8% in 24h
A commercial oil tanker was seized by Iran in the Strait of Hormuz on Wednesday in the second such merchant vessel seizure by the Islamic Republic in waters in the Arabian Gulf in less than a week. Iran’s Islamic Revolutionary Guard Corps Navy (IRGCN) seized early on Wednesday local time the Panama-flagged oil tanker Niovi, the U.S. Navy said today. The tanker was seized while transiting the Strait of Hormuz, the world’s most important oil transit chokepoint between Oman and Iran that connects the Persian Gulf with the Gulf of Oman. The daily oil flows through the Strait of Hormuz are equivalent of about 21% of the daily petroleum liquids consumption worldwide.
The oil tanker Niovi had departed Dubai and was transiting from the Arabian Gulf toward the port of Fujairah in the United Arab Emirates (UAE) when a dozen IRGCN fast-attack craft swarmed the vessel in the middle of the strait. “The IRGCN subsequently forced the oil tanker to reverse course and head toward Iranian territorial waters off the coast of Bandar ‘Abbas, Iran,” the U.S. Navy said in a statement on the latest incident with commercial vessel seizures by Iran near the Strait of Hormuz. “Iran’s actions are contrary to international law and disruptive to regional security and stability. Over the past two years, Iran has harassed, attacked or interfered with the navigational rights of 15 internationally flagged merchant vessels,” said the Fifth Fleet of the U.S. Navy based in Bahrain. This is the second such incident in a week. A previous incident occurred six days ago when the Iranian Navy seized Marshall Islands-flagged oil tanker Advantage Sweet while it transited international waters in the Gulf of Oman. The oil tanker had departed the Mina Saud Port in Kuwait and was destined for Houston, Texas, after being commissioned by U.S. oil giant Chevron.
https://oilprice.com/Geopolitics/Middle-East/Iran-Seizes-Second-Oil-Tanker-In-Arabian-Gulf.html
WTI down over 8% since yesterday-moar cuts in production coming
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
when he gets 'visited in Kyiv' he's at Rzsesow Airport in SE Poland
Apollo Global Management sold by co-founder 862,129 shares Joshua Harris : $180,246,621-Aprl 17,24,27,28, May 1
CFR member, Investor Advisory Committee on Financial Markets (IACFM) of the New York Federal Reserve.
Josh Harris cofounded alternative investment firm Apollo Global Management in 1990 with fellow billionaires Leon Black and Marc Rowan. The trio met at investment bank Drexel Burnham Lambert, and struck out on their own after the troubled firm filed for bankruptcy. Harris announced in 2021 he was stepping out of its board and is no longer involved day to day with Apollo. Josh has a stake and is Managing Partner of the Philadelphia 76ers, which has more than quintupled in value since he bought it with a consortium for $290 million in 2011. The UPenn alum also has stakes in NHL's New Jersey Devils, NFL's Pittsburgh Steelers, and the English Premier League's Crystal Palace Football Club. Harris derives the bulk of his fortune from his roughly 6% stake in Apollo.
https://www.forbes.com/profile/josh-harris/?sh=4c23414c4dce
https://finviz.com/insidertrading.ashx?oc=1106636&tc=7&b=2
Larry sold $24,862,480 in Blackrock shares on April 18th
Was waiting to see if he had another one but still only that so far
https://finviz.com/insidertrading.ashx?oc=1059245&tc=7
>>18790705 Apollo Global Management sold by co-founder 862,129 shares Joshua Harris : $180,246,621-Aprl 17,24,27,28, May 1
CEO of Apollo used to Leon Black connected to Epstein large
don't wanna carry that cost of inventory and they can write it off at full value