/qrb/ - QResearch Bunker

>>132850

45on N860JJ CL-600 departed Johunston Regional Airport, Selma N.C. after rally

>>132873

on ground at Palm Beach Int'l

Wall Street Banks Weigh Bond Sales in Race to Beat Rising Rates

Earnings season is gearing up again, and that usually means debt issuance from the nation’s largest banks.

April tends to be the second-highest month for debt sales from the biggest banks, JPMorgan Chase & Co. analysts Kabir Caprihan and Nikita Dyatlov wrote in a client note this week. Typically the U.S. banks, which come out of earnings blackouts starting this Wednesday when JPMorgan reports, sell about 15% of annual issuance in April. While sales are expected to be brisk, it may be more so than usual, according to the strategists. Rates are probably only going to march higher from here, and borrowers are looking to issue while the cost of funding remains relatively low. Credit investors will also likely tune into key inflation data scheduled to be released on Tuesday. Money managers will parse the consumer price index in an effort to better navigate the Federal Reserve’s monetary tightening campaign to fight the highest inflation in 40 years. The data is “likely to reinforce the perception that inflation is endemic, the Fed will need to continue to tighten the screws and that will lead to an eventual recession,” said Ken Monaghan, co-head of high-yield at Amundi. “If the Fed was an airline pilot, given its history it would be sent back to the aircraft simulators for its inability to execute a soft landing.”

planefag/mkt fag agrees wholeheartedly and revoke that license as well-never haz anyone been so wrong for so long yet are still called the "experts"

Investment-grade bond funds notched another weekly outflow of $1.7 billion for the week ended April 6, according to Refinitiv Lipper data. The withdrawals mark the second straight week of exits after money managers pulled $2.55 billion of cash in the prior period. There have been nine weeks of outflows so far this year for the asset class. Junk bonds, meanwhile, posted a second weekly inflow as retail investors waded back into the market. U.S. high-grade bond sales are expected to be lighter next week, with consensus estimates at $10 billion to $15 billion. That follows a week that saw more than $25 billion price.

A $985 million junk-bond offering to help fund the buyout of Oldcastle BuildingEnvelope, a building products distribution company, is the lone deal in the high-yield bond pipeline. Early pricing discussions on the secured portion is mid-high 6%, while the riskier unsecured section is being discussed at mid-high 9%. The U.S. leveraged loan market, meanwhile, is rounding out one of its best weeks in some time, which should bode well for borrowers that need to raise cash to fund buyouts. The floating-rate debt remains in high demand amid a hawkish Federal Reserve. The asset class notched one of its biggest inflows on record. Commitments are due on at least five leveraged loan deals next week. U.S. bond markets close early on Thursday and will remain closed Friday in observance of the Good Friday holiday.

https://www.bnnbloomberg.ca/wall-street-banks-weigh-bond-sales-in-race-to-beat-rising-rates-1.1750053

>>132772 pb

Mkt Fag: The hidden hand not so hidden anymoar on the DOW-muh Softbank exit on the NAS edition

see cap #4

Bank ETF Posts Biggest Cash Exodus Since 2020 Ahead of Earnings

https://www.bnnbloomberg.ca/bank-etf-posts-biggest-cash-exodus-since-2020-ahead-of-earnings-1.1749849

pb

>>132775 Citigroup's stock set to produce 'bullish engulfing' pattern at a time of 'bullish technical divergence'

SAM696 USAF C-40B se from Shannon, Ireland ground stop-looks like Tel Aviv or the Gulf

Departed JBA to MacDill AFB yesterday

Used by WH NSO in the past

Several Tesla diggies by the 99th Airlift squad last few days

699, 693, 696

Japan accepts Ukrainian evacuees using commercial flight for 1st time

Japan on Saturday accepted Ukrainian evacuees using seats secured by the government on a direct commercial flight from Poland for the first time. The six aged between 6 and 55, of which five are female, arrived at Narita airport near Tokyo from Warsaw, according to the Immigration Services Agency of Japan.

As Japan has pledged to play a more active role in providing humanitarian assistance to Ukrainian people following Russia's invasion, Prime Minister Fumio Kishida said Thursday that the government will secure seats weekly on direct flights from Poland to Japan for those fleeing from the war-torn country. Such free-of-charge assistance Japan plans to continue for a while will be available for "people who strongly hope to evacuate to Japan but find it difficult to arrange a medium to travel on their own," the agency said, as the war waged by Russia drags on and millions of refugees have fled Ukraine.

If they have no acquaintances or families in Japan, they can stay in hotel rooms to be arranged by the government after they enter the country. Until now, Ukrainian evacuees came to Japan by themselves or by a Japanese government plane, which arrived Tuesday at Haneda airport in Tokyo carrying 20 of them from Poland, where Foreign Minister Yoshimasa Hayashi visited to learn about the refugee crisis.

As of Wednesday, Japan, known for its strict immigration and refugee policy, has allowed the entry of 437 people from Ukraine. The Japanese number since March 2, about a week after the war began, is still small given that 4.44 million refugees had fled Ukraine, including about 2.56 million to Poland and about 678,000 to Romania, according to the Office of the U.N. High Commissioner for Refugees.

https://mainichi.jp/english/articles/20220410/p2g/00m/0na/005000c

You had two 777s in Warsaw last week and couldn't put them on those???

pb

>>132362, >>132394 Japan to take 20 Ukraine evacuees from Poland on government plane-nikkei

#898 update 1

>>132820 War Is for ‘Soul of Humanity,’ Ukraine Consul General Tells Arizona Legislators-epochtimes April 8

>>132823, >>132828, >>132831, >>132837, >>132838, >>132839, >>132840, >>132847, >>132848, >>132886

pf report(s)-SAM CONUS activty/French AF departed newark/Daily Yerp-Med look/98-0001 C-23A go arounds near Selma, NC/Colombians left Dulles/PAT78 to Vilnius/BOXER40 to Berlin

>>132842 President Macron Says He is “Opposed to Self-Defense” After Farmer Shoots One of Four Burglars Who Broke Into His Home-summitnews April 6th

>>132841, >>132844, >>132845, >>132846 Boris Johnson Makes Surprise Trip To War-Torn Ukraine For Zelensky Meeting

>>132848 Hoyer, Upton Lead Bipartisan House Delegation to Germany, Denmark, Poland, and Greenland-majorityleaset.gov

>>132850, >>132851 45 on N860JJ CL-600 on descent for Johnson Regional Airport Selma, N.C. from Palm Beach Int'l-used same AC for Larian City, OH rally 062621

>>132854 Chinese Y-20s at Belgrade, Serbia-one already left-soc.media/pf

>>132859, >>132862, >>132868 Massive fire erupts at California’s Port of Benicia & Port Chicaco Blast 1944-nypost/beniciahearldonline

>>132863, >>132867, >>132870, >>132872, >>132875, >>132879, >>132880, >>132881 "A Paradigm Shift Western Media Hasn't Grasped Yet" - Russian Ruble Relaunched, Linked To Gold & Commodities-zh and some discussion(s) about our 'financial' system-currency/stonks/y2k

>>132871 Pakistan PM Imran Khan loses no-confidence vote-dw

>>132873, >>132883 45 on N860JJ CL-600 departed Johnston Regional Airport, Selma N.C. after rally and arrived back at Palm Beach Int'l

>>132885 Wall Street Banks Weigh Bond Sales in Race to Beat Rising Rates-bnnBBerg

>>132887 Japan accepts Ukrainian evacuees using commercial flight for 1st time-mainichi

night

Economic Schedule for week of April10th, 2022

The key reports this week are March CPI and PPI along with retail sales. For manufacturing, the March Industrial Production report and the April NY Fed manufacturing survey will be released this week.

- Monday, April 11th -

No major economic releases scheduled.

- Tuesday, April 12th -

6:00 AM ET: NFIB Small Business Optimism Index for March.

8:30 AM: The Consumer Price Index for March from the BLS. The consensus is for 1.2% increase in CPI (up 8.5% YoY) and a 0.5% increase in core CPI (up 6.6% YoY).

- Wednesday, April 13th -

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: The Producer Price Index for March from the BLS. The consensus is for a 1.1% increase in PPI, and a 0.5% increase in core PPI.

- Thursday, April 14th -

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for a increase to 175 thousand from 166 thousand last week.

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for April).

- Friday, April 15th -

8:30 AM: The New York Fed Empire State manufacturing survey for April. The consensus is for a reading of 2.0, up from -11.8.

The consensus is for a 0.4% increase in Industrial Production, and for Capacity Utilization to increase to 77.8%.

10:00 AM: State Employment and Unemployment (Monthly) for March 2022

https://www.calculatedriskblog.com/2022/04/schedule-for-week-of-april-10-2022.html

>>132893

morning

>coolin down

same here- was low 80s yesterday-very pleasant

>called the cops and this time went out to make sure they understood I didn't want to have to call again

picrel

are they receptive and understand?

I've not had very positive interactions with muh police here even when they knew I was right-but wasn't a dick about it until they were.

SAM793 USAF G5 west from JBA

Yesterday this AC was SAM479 and departed Groton/New London Airport, CT after an overnight and back to JBA-it arrived from JBA on Friday 0408

GTMO001 US Navy Beech Super King Air arriving at Ft. Lauderdale/Hollywood Int'l Airport

Usually deez are 846 or 844

RCH101T USAF C-17 Globemaster east after Buckley AFB, CO ground stop and Travis AFB, CA departure

Departed Dover AFB yesterday and stopped at Buckley for 45 minutes then arrived at Travis

Travis is where the C-17 pilots go to train

>>132886

SAM696 USAF C-32A was at Amman, Jordan for about 75 minutes then south-Aqaba most likely

Last trace is about 10 hours old

Sunday Look at Yerp-Med: Start in the North

German AF GAF936 A340 ne from Koln-looks like it's going to Berlin- >>132848

Sticking with the Porsche model #'s for the high level flights cap#2 Porsche 936

LAGR123 USAF KC-135 tanker east from Mildenhall

LAGR163 USAF KC-135 Stratotanker west from Ramstein

RCH521 USAF C-17 inbound to Ramstein AFB from Bangor, ME ground stopstarted off from JB Lewis-McChord yesterday and stopped somewhere in NTTR-Nevada then on to Bangor

Israeli AF 272 707 re'em tanker out of Tel Aviv ne

French AF CTM1074 A330 west from Beirut ground stop of about 2 hours: this is a semi-regular occurance amd always fairly quick stops the back to paris

FORTE11 RQ-4 Global Hawk drone back to Sigonella AB, Sicily from eastern Romania werk at 56k ft

NATO11 E-3A Sentry AWACS over south Romania

RCH835 USAF C-17 Globemaster se from Ramstein AFN

NCHO221 USAF DC-10 extender over central Romainia as the filling station-they replaced LAGR272 KC-135 tanker that is heading back to Mildenhall

Election day in France

Polish AF PLF130 737 ne from Bordeaux, France

French AF CTM1073 A330 also ne from Bordeaux

S&P cuts Russia's foreign currency rating to 'selective default'

S&P on Saturday lowered Russia's foreign currency ratings to "selective default" on increased risks that Moscow will not be able and willing to honor its commitments to foreign debtholders.

Facing waves of sanctions over its invasion of Ukraine, Russia could face its first sovereign external default in over a century after it made arrangements to make an international bond repayment in rubles this week, even though the payment was due in dollars. S&P said in a statement it understood that Russia had made coupon and principal payments on dollar-denominated Eurobonds in rubles on Monday. "We currently don't expect that investors will be able to convert those ruble payments into dollars equivalent to the originally due amounts, or that the government will convert those payments within a 30-day grace period."

Yet they could easily do so but don't-funny you don't mention that

Sanctions on Russia are likely to be further increased in the coming weeks, the agency said, "hampering Russia's willingness and technical abilities to honor the terms and conditions of its obligations to foreign debtholders."

Russia's finance minister on Thursday said the country will do everything possible to pay its creditors, but investors in Russia's international bonds face an increasingly uncertain path to recover their money should the country default. S&P assigns a selective default rating when it believes the debtor has selectively defaulted on a specific issue or class of obligations but will continue to meet its payment obligations on other issues or classes of obligations in a timely manner.

Still crickets on Evergrande though

Russia has not defaulted on its external debt since the aftermath of its 1917 revolution, but its bonds have now emerged as a flashpoint in its economic tussle with Western countries.

A default was unimaginable until recently, with Russia rated as investment grade in the run-up to its Feb. 24 invasion of Ukraine, which Moscow calls a "special military operation".

https://www.reuters.com/business/sp-cuts-russias-foreign-currency-rating-selective-default-2022-04-09/

>>132895

ANON US Navy Beech on ground at Ft. Lauderdale

Was GTMO001

Seen't pilot

o7

>>132802 pb

SAM704 USAF C-32A departed Paine Field, WA and on descent for JBA

>>132805 pb, >>132840

so now we know what the Colombians were doing at Dulles-D.C.

making arrangements for below-

Check that luggage compartment for "deliveries"

Colombian AF FAC0001 737 departed Bogota heading for New York-JFK Int'l

President Iván Duque's agenda during his diplomatic visit to New York

From April 10 to April 13, Colombian President Iván Duque will be in New York (United States) on a diplomatic visit. For four days, the Colombian president will present the country's progress related to the implementation of the Peace Agreement and women's equity. In addition, it will seek economic alliances and for the energy transition. Regarding the agreement, it was indicated that the president will speak promptly about his policy of Peace with Legality, which has been championed by his During spaces where the president is not speaking publicly, he will hold some private meetings with key officials. Among the scheduled meetings are a meeting with UN Secretary General António Guterres; a meeting with the President of the Security Council, Lord Ahmad of Wimbledon; and a meeting with the global director of the United Nations Development Programme (UNDP), Achim Steiner. Advancing the agenda, and addressing other issues, on the morning of Monday, April 11, Duque will meet with executives from the investment banking group Goldman Sachs, led by Dina Powell, Global Head of Sustainability and Inclusive Growth. He will then have lunch with international investors, to whom he will explain the “good time and challenges of the Colombian economy and the advantages of investing in Colombia”. Duque will then visit the headquarters of the New York Stock Exchange, where he will meet with the entity's managers and will be the keynote speaker at the international launch forum of the strategy 'Green Taxonomy of Colombia: A Robust and Standardized Framework for Classifying Sustainable Economic Activities and Financial Assets' . This event has two segments, one on mobilizing public and private capital for sustainability, and the next on Colombia's roadmap for adaptation to climate change and carbon neutrality by 2050.

https://www.infobae.com/en/2022/04/10/president-ivan-duques-agenda-during-his-diplomatic-visit-to-new-york/

Election day for both countries today

French AF CTM1012 A330 departed Los Angeles Int'l after about 24 hours on the ground -arrived yesterday from AB Evereux (west of Paris)

Macron and Le Pen appear headed to runoff in French presidential election

https://www.cbsnews.com/news/france-presidential-election-emmanuel-macron-second-term/

Same thing will habben as in 2017...Merde Boi will "win"

But this time methinks the French are not gonna take this one sitting down.

Hoping to see the yellows out again and the return of French "Rocky"

Mexican AF FAM3526 737 departed La Paz, Baja Sur (capital) nw after a ground stop of about 75 minutes-inbound from Mexico City depart-heading for Tijuana

Mexican President(s) serve for 6 year terms-this is a referendum being held today-he should win easily and knows it.

In the past they closed some bars unless it also had a restaurant and limited drinking by closing liquor stores for three days around any Mexican Elections-but is was always pretty easy to get your favorite beverage even in towns as long as you kept it on the down low.

They did not do this at the big hotels and the Zonas for tourists.

The biggest promoter of Mexico’s presidential recall election? The president

Strolling through Mexico’s capital these days, it would be easy to assume the country’s president is at imminent risk of losing his job. City streets are littered with signs, flyers and billboards urging Mexicans to vote on whether to remove President Andrés Manuel López Obrador from office in a recall election Sunday. Only it isn’t the opposition telling people to rush to the polls. It’s the president’s loyalists.

https://www.seattletimes.com/nation-world/the-biggest-promoter-of-mexicos-presidential-recall-election-the-president/

>Kek

Elon Musk polls to ‘convert Twitter’s San Francisco HQ to homeless shelter

April 10, 2022

Elon Musk, the tech billionaire who recently joined Twitter’s board of directors, has asked the company’s followers if the company’s San Francisco headquarters should be converted into a homeless shelter.

The Tesla CEO asked Twitteratis in a series of polls on the microblogging site whether Twitter’s San Francisco headquarters should be converted to a homeless shelter because “no one shows up anyway.”

“Convert Twitter SF HQ to homeless shelter since no one shows up anyway,” Musk wrote on the platform.

The poll received over 10 lakh votes in about 9 hours, and more than 90% of users voted ‘Yes’ on the ongoing poll.

However, in response to a user’s post: “True. Also, convert the CEO’s office into a master bedroom “..

Meanwhile, another user commented, “I believe you intend to run in the 2024 election. Is it Y or N?”

Twitter CEO Parag Agrawal recently announced that Musk has been appointed to the platform’s board of directors.

Musk, who paid nearly $3 billion for a 9.2 percent stake in the microblogging platform, is barred from purchasing more than 15% of Twitter’s stock.

https://insiderpaper.com/elon-musk-polls-to-convert-twitters-san-francisco-hq-to-homeless-shelter/

>>132915

It's on Market Street-long time area for homeless so no shortage of people to use.

Just south of the Tenderloin-strip clubs and general nastiness dhere too.

SF City Hall not far from it too-so I'm sure they would LOVE that-really they would.

He gonna move that out of state too?

>is barred from purchasing more than 15% of Twitter’s stock.

like he couldn't do that via proxy.....paleeeze

He just stirring the pot-actually do something here Spaceboi or just shut the fuck up

German AF GAF955 A-350 from Niamey, Niger back to Berlin-German Defense Minister Christine Lambrecht onboard this AC

Sticking with the Porsche model #'s 955 is the Cayenne (really just an Audi Q7 tarted up)

German defense minister promises Niger help in anti-terrorism fight

During a visit to the West African country of Niger, German Defence Minister Christine Lambrecht promised her country's continued support in the fight against terrorism in the Sahel region. She said it is Europe and Germany's responsibility to maintain a presence in the Sahel, a vast region that stretches across northern parts of Africa and which is home to numerous terrorist groups. Nigerien government representatives had assured her that they would not cooperate with mercenaries, Lambrecht said, touching on a hot topic for European governments. On Saturday, the minister visited German soldiers in the neighbouring crisis-hit country of Mali, which has been ruled for almost a year by a military junta that maintains close contacts with Russia. Hundreds of Russian mercenaries from the Wagner Group are reportedly operating in Mali. It is now critical for the European Union to decide how to fight terrorism in the Sahel region, which includes Mali, without supporting cooperation with mercenaries, Lambrecht said. Niger, with its nearly 25 million inhabitants, is considered an important partner of Europe's against the expansion of Islamist terror. Many militias are active in Niger, some of which have sworn allegiance to the Islamic State or al-Qaeda. However, unlike Mali, the democratically elected government of President Mohamed Bazoum is seen as a reliable ally. Germany is part of the European Union Capacity Building Mission in Niger, which helps train Nigerien security forces. Germany also supports the G5 Sahel, a group in which Mauritania, Niger, Chad, Mali and Burkina Faso fight together against militias in the region.

https://www.msn.com/en-xl/news/other/german-defence-minister-promises-niger-help-in-anti-terrorism-fight/ar-AAW3LaY

>>132913

FAC0001 on ground at JFK just before sunset

>>132914

French AF CTM1012 A330 on ground at Nashville Int'l from LAX depart

One of four of these ACs and used by Merde Boi on Int'l trips-obviously not Macron

Russia to Halt Bond Issuance for Rest of 2022, Siluanov Says

Russia will halt bond auctions for the remainder of 2022 due to prohibitive borrowing costs, Finance Minister Anton Siluanov was quoted as saying by Izvestia. “We do not plan to go to the local market or foreign markets this year,” Siluanov told the Russian outlet. “It makes no sense because the borrowing cost would be cosmic.” With Russia under financial and economic sanctions by the U.S. and allied countries, the cost of insuring Russia’s government debt surged last week to signal a record 99% chance of default within the year after the Finance Ministry paid some of its dollar bonds with rubles. Russia has sold 128 billion rubles in local-currency government bonds, known as OFZ, this year, according to Finance Ministry data. Plans had called for 700 billion rubles in sales in the first quarter.

https://www.bnnbloomberg.ca/russia-to-halt-bond-issuance-for-rest-of-2022-siluanov-says-1.1750466

SPAR14 USAF C-40C on ground at Tel Aviv (NATO AC)

Departed JBA earlier today and stopped at Shannon, Ireland for a refuel

Departed Scott AFB, IL to JBA yesterday

High Level Danish AF 3032 Challenger 600 from Copenhagen-heading to Cyprus

JAKE31 USAF Combat SENT north from RAF Mildenhall with LAGR367 USAF KC-135 and looks like it's taking on a tank 'o gas (LAGR367 has 'frozen') usually it's the receiving AC that does that (like the Nightwatchs or the E-6B Mercurys)

Combat SENT likely heading to the still on-going Cold Response exercises

The RC-135U Combat Sent provides strategic electronic reconnaissance information to the president, secretary of defense, Department of Defense leaders, and theater commanders.

https://www.af.mil/About-Us/Fact-Sheets/Display/Article/104495/rc-135u-combat-sent/

>>132899

RCH521 USAF C-17 Globemaster west from Rzesow drop off-stop of about 3 hours

Mebby delivering some new t-shirts for Zelensky.

was inbound to Ramstein earlier today

>RCH521 USAF C-17 inbound to Ramstein AFB from Bangor, ME ground stopstarted off from JB Lewis-McChord yesterday and stopped somewhere in NTTR-Nevada then on to Bangor

Zhenro Defaults on Dollar Bond Payments: Evergrande Update

Zhenro Properties Group Ltd. defaulted for the first time after saying it was unable to pay interest on two dollar bonds before a grace period ended Saturday and warned it might not be able to meet three other coupons because of its liquidity woes.

Meanwhile, embattled developer Fantasia Holdings Group Co. and its Colour Life unit said they plan to review their business, including possible asset disposals, with a Guangdong state-backed firm.

Chinese real estate stocks rallied Friday, with a Bloomberg gauge jumping 4.1% amid JPMorgan Chase & Co.’s upbeat assessment of the sector’s equity outlook-lather,rinse,repeat*

Key Developments:

*Zhenro Doesn’t Make $20.4 Million of Bond Interest Payments (1)

*Aoyuan Aims to Soon Have Offshore-Debt Restructuring Plan: REDD

*Global Funds Cut China Bond Holdings by Record as Premiums Erode

*China Developer Shares Rise as JPM Expects 20% Upside, Upgrades-cap #1

*Pricing on Some China Property Bonds Is ‘Too Pessimistic’: Pimco

Fantasia to Review Debt With Guangdong Govt-Backed Firm (8:18 a.m. HK): Fantasia Holdings Group Co. and its majority-owned Colour Life property management arm entered agreements with Gortune Alternative Fund Management to conduct a review on the financial position and formulate plans for possible asset disposals, according to a Hong Kong stock exchange filing. Gortune Alternative is 40%-held by its single largest shareholder Gortune Investment, which was set up in 2016 under the Guangdong government’s guidance. Gortune Alternative will also promote implementation of the overall debt restructuring plan and facilitate communication with Fantasia Group’s creditors.

Zhenro Defaults After Missed Interest Payments (7:45 a.m. HK): The Chinese builder, which in February asked holders of about $1 billion of bonds set to mature this year for more time to repay, said in a Hong Kong stock exchange filing Sunday it didn’t pay a combined $20.4 million of interest on two dollar bonds. That has resulted in events of default, according to the company.

Zhenro also said it might not be able to pay a combined $32.6 million of interest due on three other dollar bonds before grace periods end between April 10 and May 14. Failure to meet the obligations would also constitute events of default, the company said. However, the firm said it intends to pay the interest due on all five notes by May 31.

https://www.bnnbloomberg.ca/zhenro-defaults-on-dollar-bond-payments-evergrande-update-1.1750493

*Upgrades cause they knew this was coming.....and Chinese stocks (especially exploding property sector ones) GOOD...Russia BAD

Italy’s Mario Draghi to visit Algeria as country aims to wean itself off Russian natural gas

Italian Prime Minister Mario Draghi is expected to visit Algeria Monday as part of a plan for his country to wean itself off Russian natural gas.

Italy, like other European nations, has been desperately looking for alternatives to natural gas from Russia since its invasion of Ukraine. Around 40% of total imports come from Russia. Algeria is Italy's second-largest supplier of natural gas, which is the main source of the nation's electricity, providing some 21 billion cubic meters of gas via the Trans-Mediterranean pipeline. Italian energy company ENI has operated in Algeria for nearly 40 years. Last month, the company announced a significant oil and gas discovery in Algeria and said it would work with Algerian partner Sonatrach to fast-track its development for the third quarter of this year. Draghi’s is expected to travel to Algeria with a delegation, including the head of Italian group Eni ENI.MI, energy transition minister Robert Cingolani, and Foreign Minister Luigi Di Maio, a government source told Reuters. In addition to Algeria, Italy's foreign minister has traveled to Azerbaijan, Qatar, Congo, Angola and Mozambique to secure more deals. Algerian exports have been hampered by rising domestic consumption, lack of investment and political instability, and the closure of a pipeline to Spain over a dispute with Morocco.

https://www.foxbusiness.com/politics/italys-mario-draghi-algeria-russia-natural-gas

Canadian AF CFC1 Challenger 600 departed Ottawa Int'l for Victoria Int'l Airport B.C.

Trudope on this AC heading to Victoria B.C.

Prime Minister’s itinerary for Monday, April 11, 2022

10:15 a.m. The Prime Minister will make an announcement highlighting Budget 2022 investments in electric vehicle infrastructure. A media availability will follow.

1:30 p.m. The Prime Minister will meet with the Mayor of Victoria, Lisa Helps.

1:45 p.m. The Prime Minister will meet with members of the City of Victoria Youth Advisory Council.

https://pm.gc.ca/en/news/itineraries/2022/04/10/prime-ministers-itinerary-monday-april-11-2022

Sunday Night Bidness News/Asian Markets/ Treasuries/U.S. Futures

And we have the CPI/PPI fakey-do #'s out this week as well as the zombie bank earnings and they will just apply loan-loss "reserves"-$ set aside to cushion expected losses and they have been doing this for about 25 years- to make up for some problems-plus they (big banks) have been buying own stock so look for a shit-show in this shortened week (closed on Friday for Holiday and Bond Markets close early on Thursday) >>132892

Yen is creeping up to ¥125 (and hit it) and is one of the main reasons the USD haz not cliff dived.-see cap #5

Still think they wait until ¥130 (last time it wuz above that was in the 90's iirc

China Stocks Caught in Fresh Rout on Covid, Regulation Worries

Chinese stocks plunged on Monday as mounting concern over a Covid outbreak at home and rising global interest rates added to persistent regulatory headwinds.

The tech sector was once again at the forefront of losses, with the Hang Seng Tech Index losing more than 4% in early Hong Kong trading. The broader Hang Seng Index was down 2.5%, while China’s benchmark CSI 300 Index also slumped as much as 3%. Investors in Chinese equities are confronting multiple challenges at home and broad, causing the market to plunge again despite the mid-March vows from authorities to support the economy and the battered property and tech sectors. Record virus infections in Shanghai, a more-than-expected jump in China factory gate prices, concerns about tech regulations and surging U.S. yields all combined to trigger Monday’s losses. The Hang Seng Tech gauge was on course for a fourth day of losses. That’s after China’s State Council issued new guidelines over the weekend on removing data monopoly at platform companies and preventing them from restricting competition.

Investors are also keenly watching for developments related to a potential delisting of Chinese companies at American exchanges as Beijing vowed to defuse risks with a radical proposal.

https://www.bnnbloomberg.ca/china-stocks-caught-in-fresh-rout-on-covid-regulation-worries-1.1750513

https://www.marketwatch.com/market-data/asia

Treasury 10-Year Yield Rises above (edit) 2.75% for First Time Since 2019

cap #3

Treasury 10-year yields climbed (above) 2.75% for the first time since March 2019 as investors price in the impact of the Federal Reserve’s tightening plan and accelerating inflation. The benchmark yield jumped as much as five basis points after surging 32 basis points last week when Federal Reserve Governor Lael Brainard said the central bank will raise interest rates steadily while starting balance-sheet reduction as soon as May. The Fed will reduce its massive bond holdings at a maximum pace of $95 billion a month, minutes of the Fed’s March meeting released Wednesday showed.

U.S. inflation probably quickened to 1.2% in March from February, the highest monthly reading in more than 15 years, according to a Bloomberg survey of economists before the data is published Tuesday. The dollar also gained, with the Bloomberg Dollar Spot Index rising 0.2%.

https://www.bloomberg.com/news/articles/2022-04-11/treasury-10-year-yield-rises-to-2-75-for-first-time-since-2019-l1u3898r

https://www.marketwatch.com/investing/bond/tmubmusd10y

https://www.marketwatch.com/investing/bond/tmubmusd02y

https://www.bloomberg.com/markets/stocks/futures

about 17bp between 2s10s nao

'''Some Headlines"

aaaaand coming soon here (again)

China Banks Allow Mortgage Payment Holiday in Covid-Hit Shanghai

China’s largest banks are allowing residents in Shanghai to delay their mortgage payments as part of the nation’s broader efforts to support the financial hub in its Covid fight.

https://www.bnnbloomberg.ca/china-banks-allow-mortgage-payment-holiday-in-covid-hit-shanghai-1.1750521

This just allows payments to be placed on the back-end of the loan-they did this here in 2020.

uh-oh arbitrage news

China Yield Premium Over U.S. Vanishes as Treasury Yields Spike

China’s benchmark 10-year government bond yield traded below that of its U.S. counterpart for the first time in more than a decade. The yield spread between Chinese 10-year bonds and U.S. Treasuries fell to negative 0.20 basis points, the lowest since June 2010.

https://www.bloomberg.com/news/articles/2022-04-11/china-yield-premium-over-u-s-vanishes-as-treasury-yields-spike

and in you better hurry dafuq up Aramco news...

China oil giant CNOOC to raise at least $4.4 billion in Shanghai listing

One of China’s biggest oil companies, CNOOC Ltd. 883, -2.40%, plans to raise $4.41 billion from a Shanghai listing, after its shares were delisted from the New York Stock Exchange. The state-owned company is selling a total of 2.6 billion shares for 10.80 yuan (US$1.70) a share, it said Monday.

https://www.marketwatch.com/story/cnooc-to-raise-at-least-4-4b-in-shanghai-offer-271649634145

#898 update 2

>>132820 War Is for ‘Soul of Humanity,’ Ukraine Consul General Tells Arizona Legislators-epochtimes April 8

>>132823, >>132828, >>132831, >>132837, >>132838, >>132839, >>132840, >>132847, >>132848, >>132886, >>132895, >>132896, >>132899, >>132914, >>132917, >>132920, >>132923

pf report(s)Saturday-Sunday SAM CONUS activty/French AF departed Newark/Sat. Yerp-Med look/98-0001 C-23A go arounds near Selma, NC/Colombians left Dulles/PAT78 to Vilnius/BOXER40 to Berlin/Sunday CONUS/SAM696 Amman to Aqaba/Sunday look at Yerp-Med/Colombian President to JFK/French AF LAX to Nashville/Germans from Niger back to Berlin/SPAR to Tel Aviv/moar drop off at Rzesow/Comabt SENT north

>>132842 President Macron Says He is “Opposed to Self-Defense” After Farmer Shoots One of Four Burglars Who Broke Into His Home-summitnews April 6th

>>132841, >>132844, >>132845, >>132846 Boris Johnson Makes Surprise Trip To War-Torn Ukraine For Zelensky Meeting

>>132848 Hoyer, Upton Lead Bipartisan House Delegation to Germany, Denmark, Poland, and Greenland-majorityleaset.gov

>>132850, >>132851 45 on N860JJ CL-600 on descent for Johnson Regional Airport Selma, N.C. from Palm Beach Int'l-used same AC for Larian City, OH rally 062621

>>132854 Chinese Y-20s at Belgrade, Serbia-one already left-soc.media/pf

>>132859, >>132862, >>132868 Massive fire erupts at California’s Port of Benicia & Port Chicaco Blast 1944-nypost/beniciahearldonline

>>132863, >>132867, >>132870, >>132872, >>132875, >>132879, >>132880, >>132881 "A Paradigm Shift Western Media Hasn't Grasped Yet" - Russian Ruble Relaunched, Linked To Gold & Commodities-zh and some discussion(s) about our 'financial' system-currency/stonks/y2k

>>132871 Pakistan PM Imran Khan loses no-confidence vote-dw

>>132873, >>132883 45 on N860JJ CL-600 departed Johnston Regional Airport, Selma N.C. after rally and arrived back at Palm Beach Int'l

>>132885 Wall Street Banks Weigh Bond Sales in Race to Beat Rising Rates-bnnBBerg

>>132887 Japan accepts Ukrainian evacuees using commercial flight for 1st time-mainichi

>>132892 Economic Schedule for week of April 10th, 2022-calculatedrisk

>>132900 S&P cuts Russia's foreign currency rating to 'selective default'-reuters

>>132901 ANON US Navy Beech on ground at Ft. Lauderdale-was GTMO001

>>132913, >>132919 President Iván Duque's agenda during his diplomatic visit to New York-infobae

>>132914 Macron and Le Pen appear headed to runoff in French presidential election + Mexican Presidential referendum-cbsnews/seattletimes

>>132915, >>132916 Elon Musk polls to ‘convert Twitter’s San Francisco HQ to homeless shelter-insiderpaper

>>132917 German defense minister promises Niger help in anti-terrorism fight-dpa via msn

>>132921 Russia to Halt Bond Issuance for Rest of 2022, Siluanov Says-bnnBBerg

>>132924 moar "GOOD" chinese property default news but russia still BAD: Zhenro Defaults on Dollar Bond Payments-bnnBBerg

>>132925 Italy’s Mario Draghi to visit Algeria as country aims to wean itself off Russian natural gas-foxbiz

>>132926 Trudope heading to Victoria B.C.announcing EV money-laundering scheme-pm.gc/pf

>>132927 Mkt Fag: Sunday Night Bidness News/Asian Markets/Treasuries/U.S. Futures-various sources