Texas Capital Government Mny Mkt ETF

InMed Pharmaceuticals

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Amesite

CN Energy

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

NextNRG

Meiwu Tech

Generation Income Properties

MetaVia

OceanPal

COIN

CRCL

GLXY

USDU

MMKT

GMMF

In the week ending May 14, USDC circulation decreased by 1.7 billion, with 5.4 billion issued and 7.1 billion redeemed. Total circulation now stands at 76.5 billion, while reserves are approximately 76.7 billion USD, including 48.3 billion in reverse repurchase agreements and 16.1 billion in Treasury bills.

CoinLive

Coinbase

Circle

Galaxy Digital

Wtree Bbg Usd Bull

Leverage Shares 2X Long CRCL Daily ETF

T-REX 2X Inverse CRCL Daily Target ETF

Invesco DB US Dollar Index Bullish Fund

ProShares Ultra CRCL ETF

Amplify Transform Data Sharing ETF

iShares Government Money Market ETF

USDC Circulation Decreases by 1.7 Billion in a Week

GOVT

Investors are preparing for sustained high U.S. Treasury yields as they doubt new Fed Chair Kevin Warsh's ability to control inflation driven by rising oil prices. Long-term yields have surged, impacting borrowing costs across the economy. Analysts predict a steeper yield curve, with expectations that rates will remain steady while inflation pressures persist. Warsh faces challenges in addressing inflation without simply raising rates, as global oil prices remain a significant factor. The market is closely watching his policy direction, particularly regarding the Fed's balance sheet and its impact on Treasury yields.

Fidelity

Occidental Petroleum

BP p.l.c.

Pro Ultr Bloomberg Crude Oil

iShares US Oil Equip & Svcs

ISHRS Us Trsry Bd

VG Energy

SPDR O&G Equip

iShares barclays 20+ Yr Treasury Bd

ISHRS S&P Glb Engy

United States Oil Fund LP

iShares Barclays Short Treasury

SPDR Bloomberg 1-3 Month T-Bill ETF

SPDR O&G Ex & Prd

SPDR Energy Select

VanEck Oil Refiners ETF

iShares 7-10 Year Treasury Bond ETF

Us Brent Oil

iShares US Oil & Gas Expl & Prod

VanEck Oil Services ETF

Morgan Stanley

Truist Financial

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Analysis-Investors gird for high US Treasury yields as new Fed Chair Warsh battles inflation

SGDM

159842

512000

512880

FNCL

April's inflation rate has surged, with a three-month annualized rate of 7.1%, prompting calls for decisive action from new Fed Chair Kevin Warsh. The Consumer Price Index shows a year-over-year increase of 3.8%, significantly above the Fed's 2% target. Rising energy costs, driven by the Iran war, are contributing to this inflation spike. The Fed has maintained steady rates, but economists warn that inaction could lead to entrenched inflation expectations. Monetary policy rules suggest a federal funds rate target above 5%, indicating a need for rate increases to combat rising inflation effectively.

- The article discusses the urgent need for decisive action from new Federal Reserve Chairman Kevin Walsh regarding inflation and interest rates, especially given the rising three-month annualized inflation rate of 7.1%.  
- It highlights growing concerns among Americans about living costs, evidenced by dissatisfaction with the current administration's handling of inflation, and notes that supply shocks, particularly from the Iran conflict, are exacerbating price increases.  
- The author argues that without a clear data-driven policy, the Fed risks further escalating inflation expectations, leading to higher borrowing costs and diminished affordability for households.

Dow Jones

iShares Gold Trust

Sprott GLD Miners Etf

Financial Select Sector SPDR Fund

VanEck Gold Miners ETF

ISHRS Us Brokers & Sec Exchg

GLOBAL X Gold Explorers

Direxion Daily Gold Miners Bull 2X

iShares MSCI Global Gold Miners

SPDR Gold Minishares

Abrdn Gold ETF Trust

SPDR S&P Software

Yinhua CSI All Share Investment Banking & Brokerage ETF

Pro Ultr GLD

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

Guotai CSI All Share Investment Banking & Brokerage ETF

Fidelity MSCI Financials Index

Roundhill Gold Miners Weeklypay ETF

Dow Jones Industrial Average

April's inflation spike leaves Warsh and the Fed zero excuses not to raise rates

In early 2026, U.S. debt exceeded its annual economic output, breaching the 100% debt-to-GDP threshold. With average interest rates above 3.3%, federal interest payments now surpass many domestic program budgets, limiting fiscal flexibility. Analysts caution that without policy changes, debt could exceed World War II levels within years, potentially reaching 150% of GDP by mid-century.

- In early 2026, U.S. debt exceeded the nation's annual economic output, crossing the 100% debt-to-GDP threshold during peacetime.  
- Federal interest spending now surpasses many domestic program budgets due to average rates above 3.3%, limiting fiscal flexibility.  
- Analysts caution that without policy changes, debt could exceed World War II's record within a few years, potentially reaching 150% of GDP by mid-century.

US debt tops GDP as interest costs surpass key programs

The U.S. faces a fiscal crisis as inflation erases wage gains since 2024, driven by the ongoing U.S.-Israeli war against Iran. Consumer prices rose 0.6% last month, while median weekly earnings increased only 0.45%. The proposed suspension of the federal gasoline tax could add $11.5 billion to the deficit, compounding the $200 billion requested for the war. The national debt is projected to rise 20% by 2028, with interest consuming a significant portion of tax revenue. The bond market demands 5% interest for 30-year loans, leading to real losses for bondholders.

- The article discusses the impact of inflation on U.S. wages since Donald Trump's election, attributing this inflation to the war in Iran.  
- It notes that the Bureau of Labor Statistics reported a 0.6% increase in consumer prices and a decrease in real median wages, reflecting a concerning economic situation.  
- The author warns of escalating national debt and government spending, forecasting a 20% increase in U.S. debt by 2028, while highlighting the rising interest demands in the bond market.

VG Extend Trsy

America's day of fiscal reckoning draws closer

600547

Gold prices fell as the U.S. rejected Iran's peace demands, leading to a stronger dollar and rising yields. Gold for June delivery dropped $34.20 to $4,696.50 per ounce. Iran's response included demands for compensation and sanctions relief, which were deemed "totally unacceptable" by President Trump. The ongoing war has increased inflation and energy costs, prompting traders to favor the dollar and bonds. The dollar index rose 0.8 points to 97.98, while Treasury yields also increased.

fidelity

Agnico Eagle Mines

Kinross Gold

SD-GOLD

ZHONGJIN GOLD

Gold.com

Zijin Mining

Newmont

ChinaAMC Gold ETF

iShares 10-20 YR Treasury Bd Fd

Microsectors Gold Miners 3x Leveraged ETN

Us Gbl GLD & Met

SPDR Gold Shares

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Direxion Daily Jr Gold Miners Bull 2X

VanEck Junior Gold Miners ETF

YieldMax Gold Miners Opt Inc Strgy ETF

Sprott JR Gold Miners ETF

Gold Falls as the U.S. Dismisses Iran's Peace Demands, Boosting the Dollar and Yields

Treasury yields were rising with markets remaining focused on the lack of progress in negotiations between Washington and Tehran.

VG Financial

US Treasury yields, dollar edge up as odds of Mideast peace deal dim

The market has factored in expectations that the Federal Reserve will extend its pause on interest rate hikes, with no rate cuts anticipated until December 2027. According to Odaily, this outlook reflects current market sentiment.

Market Anticipates Federal Reserve to Maintain Interest Rates Until December 2027

BlackRock is set to launch two tokenized money-market funds targeting stablecoin investors. The asset manager has filed for a digital share class linked to its $6.1 billion BlackRock Select Treasury Based Liquidity Fund, which focuses on cash and short-term U.S. Treasury securities. These tokenized shares will function on the Ethereum blockchain. Additionally, BlackRock is introducing the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, a fund tailored for those managing assets via crypto wallets and stablecoins.

BlackRock

BlackRock Tech and Private Equity Term Trust

BLACKROCK MULTI-SECTOR INCOME TR COM USD0.001(S/R 09/09/2025) WI

Blackrock Enhanced Div Achievers Trust

BlackRock Science and Tech Term Trust

BlackRock Multi-Sector Income Trust

BlackRock Plans Two Tokenized Money-Market Funds for Stablecoin Investors

VCIT

The US government is expected to borrow more than $2 trillion this fiscal year, with rising deficits and soaring interest payments fueling warnings that America’s debt trajectory is becoming increasingly unsustainable.

Vanguard Total Bond Market ETF

Vanguard Intermediate Term Bd

Guotai SSE 5-Year China Treasury Note ETF

Vanguard Short Term Bd

iShares iBoxx  Invt

iShares Core US Aggregate Bd

Pingan Chinabond-0-3 Year CDB Bond ETF

Vanguard Long Term Bd

SPDR Intermed Term

Pengyang Chinabond 30-year Treasury Bond ETF

Vanguard Total Treasury ETF

America is borrowing $166 billion a month just to keep the government running

Texas Capital Government Mny Mkt ETF(MMKT.US)