tyb/s
will repost the Boeing on around 150
FAA says oversight needs to 'evolve' after Boeing crashes
(Boeing News so far today)-repost from lb
WASHINGTON (Reuters) - The acting head of the U.S. Federal Aviation Administration will tell a congressional panel on Wednesday that the agency’s oversight approach must “evolve” after two fatal Boeing 737 MAX crashes since October, according to written testimony viewed by Reuters.
Acting FAA Administrator Dan Elwell will tell a Senate Commerce subcommittee that the airplane will return to service “only when the FAA’s analysis of the facts and technical data indicate that it is appropriate.”
Elwell’s testimony discloses that Boeing first submitted its proposed anti-stall software upgrade to the FAA for certification on Jan. 21 of this year and that the FAA has tested “this enhancement to the 737 MAX flight control system in both the simulator and the aircraft.”
U.S. FAA to overhaul oversight approach to air safety by July
https://www.reuters.com/article/us-ethiopian-airplane-congress-oversight/exclusive-u-s-faa-to-overhaul-oversight-approach-to-air-safety-by-july-idUSKCN1R7255
Factbox: What we know about Boeing 737 MAX crash and what comes next
https://www.reuters.com/article/us-ethiopia-airplane-developments-factbo/factbox-what-we-know-about-boeing-737-max-crash-and-what-comes-next-idUSKCN1R724X
Stellar Demand For 2 Year Paper As Foreign Buyers Soar
(link below for remaining auction's)
With the market now certain that at least one rate cut will take place over the next 12 months, it is probably not a surprise that there would be pent up demand for today's 2Y auction. And sure enough, the Treasury announced blistering demand for today's 2Y paper, which priced at a yield of only 2.261%, the lowest since February 2018, and stopping through the When Issued 2.273% by 1.2bps, the biggest "stop through" since May 2016.
The internals were as impressive, with the Bid to Cover jumping from February's 2.50% to 2.604%, the highest since November, and above the 2.52 six auction average. The take down also showed a sharp rebound in foreign bidders, as Indirects soared from 38.6% to 56.0%, the highest since Jan 2018; after surging in February to 22.6%, Directs dropped taking down 13.3%, well below the 22.6% in February if just below the 14.7% six auction average, leaving Dealers holding 30.7%, the lowest since January.
https://www.zerohedge.com/news/2019-03-26/stellar-demand-2-year-paper-foreign-buyers-soar
Treasury Auction schedule
https://www.treasurydirect.gov/instit/instit.htm?upcoming
have a cookie newfag