Reposted by @invisibldiscarded.bsky.social
This is a good look at why interest rates are going up, and why it doesn't make any sense for the Fed to be lowering them any time soon, despite Dear Leader's exhortations to the contrary.
A reckoning is coming to the AI industry sooner rather than later.
edition.cnn.com/2026/10/01/b...
edition.cnn.com
Bond market bust: A key rate just blew through another decades-old record | CNN Business
The bond market is in an unrelenting sell-off. In the latest dubious milestone for US Treasuries, the yield on the 10-year benchmark note just hit its highest level since the dot-com bust.
![Dear Josiah,
Thank you for your application to attend the Conservative Party Conference in Birmingham.
I regret to inform you that approval has not been granted by the Conservative Party, and as such, your application has been unsuccessful. A refund will be issued [text cut off at right edge]
If you wish to appeal this decision, please provide additional evidence or context as grounds for reconsideration. please direct your appeal in the first instance to [cut off]
This will allow for a thorough review before a final determination is made.
Should the decision be upheld following your appeal, any further questions regarding this outcome can be directed to the Police National Accreditation Team at [cut off]](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:6laekojw3whqu64tlaxopvgx/bafkreihliafbyjkpdauhayhmqoskdvnawqha2q2ruoewworfj25bfst53i)
