The bid-to-cover came in at 2.382 — basically the same as last month’s 2.376, but hey, technically higher! Still, it managed to beat the six-auction average of 2.367%, proving that even in the bond market, mediocrity can be called progress.

The internals were stronger this time: Indirect bidders took 64.5%, up from 62.0% in September and marking the highest share since June. Direct bidders also showed robust participation at 26.9%, leaving Dealers with just 8.7% — the lowest on record, a clear sign of solid demand all else equal.

Overall, despite the modest tail, it was a solid auction. Yet it’s only a matter of time before more investors wake up to the reality that in the coming Trump Stagflation, the so-called “risk-free” asset is anything but free of risk.

Everyone with half a brain knows the USD is Washington’s favourite geopolitical weapon. So, it’s no surprise that the bankrupt, shutdown-prone U.S. government just “offered” Argentina a $20 billion currency swap — a fancy way of saying bribe with printing press attached.
The Treasury vowed to take “exceptional measures” to stabilize markets (translation: panic quietly). But the real kicker? The U.S. actually bought Argentine pesos — a bailout for a country that was supposed to be part of the Global South.
So much for “America First”; it’s starting to look more like “Argentina First, courtesy of Uncle Sam.”

The “Seesawer-in-Chief” of Buenos Aires may have campaigned on ‘Making Argentina Great Again’ and even flirted with his own version of the Doge meme economy — something arguably more needed than in the Washington swamp. But, like Donald Copperfield, he seems to have fallen under the same globalist spell, playing his part in the grand illusion of a world run by the same imperial puppeteers obeying to the ‘Satan-Nyahou’ to spread ‘Pax Judaica’.

While Donald Copperfield keeps busy exporting the American way of peace, he can at least boast about one campaign promise kept — deportations. According to DHS, 600,000 migrants have been escorted out since January 2025, and more than 2 million have packed up voluntarily in under 250 days. Turns out the “Make America Great Again” crowd is finally seeing some exit velocity.

According to FAIR, the U.S. government was shelling out roughly $8,776 a year per illegal immigrant — covering everything from schooling ($78B) to healthcare ($42.7B) and justice costs ($47B). By that math, recent deportations could save taxpayers over $5.2 billion a year — though migrant “benefits” varied by ZIP code. The Heritage Foundation puts the number even higher at $14,387 per household.

https://www.newsweek.com/illegal-immigration-costs-us-billions-biden-administration-policy-impact-taxpayer-burden-1866555

Donald Copperfield inherited a country that looked more like an open house than a sovereign nation — and now, migrants are literally turning back before they hit the border. After years of ‘Keynesian’ hospitality programs funded by taxpayers, Americans have had enough. A recent poll shows 78% want illegal immigrants who’ve committed crimes deported — including 69% of ‘Blue’. The real head-scratcher? The 22% who think foreign criminals deserve to stay. Even more telling, 56% of Americans favor deporting all illegal immigrants, though only 36% of ‘Blue’ are on board. Apparently, some still believe compassion means leaving the front door open and the fridge stocked.

https://amgreatness.com/2025/10/07/poll-78-percent-of-americans-favor-deportation-of-criminal-illegal-immigrants/

Condolences to anyone still living under the “Build Back Better” era — where open borders came with a side of taxpayer-funded chaos.

While the warmonger Malthusians are busy brainstorming their next “oops, world war” moment, Poland’s very own Donald — forever loyal vassal of the globalist empire — decided to flex his geopolitical wisdom. “The problem with Nord Stream isn’t that it was blown up, it’s that it was built,” he proudly posted on X, as if irony had fled Poland entirely. He then added that Poland has no interest in extraditing the suspect — because apparently, justice now comes with a “Made in Warsaw” label.

Sure, Nord Stream may have carried Moscow’s fingerprints, but let’s not pretend Europe wasn’t cashing in on the gas gravy train. German giants Wintershall Dea and E.ON, the Dutch Gasunie, and France’s ENGIE together owned nearly half of the pipeline’s operator — with Gazprom holding the rest. In short: everyone was happily pumping profits until someone decided explosions make better headlines than energy cooperation.

https://www.nord-stream.com/about-us/our-shareholders/

By now, it’s hardly a secret that Western intelligence had its fingerprints all over the Nord Stream “mystery.” The man in custody would be labeled a terrorist if the story actually held water — but apparently, even the scriptwriters got tired of this plotline.

As for Tusk, he might want to check his own foot; blowing up the pipeline didn’t just hurt Russia — it crippled Europe’s own energy lifeline.

After a few days of “deep reflection” (or maybe just hiding under his desk), Macro-Léon — whose neck is already feeling the chill of the political guillotine — decided his best move was to reappoint Le Corniaud as prime minister. A bold choice… if the goal is to stage the French remake of Kabuki Politics: The Lame Duck Edition, with the same tragic ending as the last act.

https://www.france24.com/en/france/20251010-live-macron-faces-decision-day-as-france-awaits-new-pm

After losing his self-proclaimed title of Peace Maker in Chief to yet another Deep State puppet eyeing Venezuela, Donald Copperfield is back to his favourite hobby — lobbing “tariff bombs” at China and trash-talking them online. His latest stunt — hiking import taxes on Chinese goods to 130% — reignites fears of a full-blown trade war that could split the world’s two largest economies. Ever the dealmaker, Donald Copperfield hinted he might dial things back if Beijing stops hoarding rare earths, adding his classic cliffhanger: “We’ll see what happens.” In other words, the global economy is once again held hostage to the realtor turned politician’s mood swings and China’s poker face — because who doesn’t love a little chaos before a trade meeting?

In a world where chaos is the new normal, the University of Michigan’s sentiment survey managed to stay—well—mildly confused. The preliminary October reading barely budged, ticking down to 55.0 (still better than the 54.0 expected). Current conditions improved slightly, expectations slipped a touch, and inflation hopes eased by a hair—1-year outlook at 4.6%, long-term steady at 3.7%. As for jobs, a few more people see unemployment rising, but not enough to panic anyone yet. In short: consumers feel “meh,” inflation’s still sticky, and optimism remains an endangered species.

In a nutshell, Americans are still grumpy but not panicking—sentiment slipped, inflation eased a hair, and optimism remains on the endangered list.

🤵 The Macro Butler Weekly Digest 🤵

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Beginning October 12th, 2025, the European Union will flip the switch on its shiny new Orwellian gadget — the biometric Entry/Exit System (EES) — a surveillance masterpiece designed to keep tabs on every person crossing into its 29-member fortress of freedom. Visitors staying up to 90 days within a 180-day period will be greeted by friendly EES kiosks asking the most comforting of travel questions, such as whether they can actually afford their vacation. A “no” answer, naturally, earns a personal audience with a border guard for a polite “discussion” about one’s financial fitness.
While ETIAS authorization doesn’t officially require proof of funds, the EU’s new digital gatekeepers may still demand recent bank statements — because nothing says “welcome to Europe” like a bureaucratic audit at passport control.

https://www.the-express.com/news/uk-news/186423/travelers-asked-show-bank-accounts-eu-borders-from-sunday

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For anyone still fooled by the so-called Nobel Peace Prize, it’s now the Nobel War Prize—handed to those faithfully advancing the globalist Malthusian agenda.
This year’s Orwellian honoree, María Corina Machado, celebrated by the propaganda press, has achieved neither peace for Venezuela nor progress for humanity—just another victory for Newspeak diplomacy.

https://x.com/anyaparampil/status/1976627924939014641

Machado openly admitted receiving U.S. National Endowment for Democracy funding through her group Súmate—an outfit preaching “free and fair elections,” meaning elections that serve Washington’s interests.
In true Orwellian fashion, democracy is just the velvet glove of empire, and “freedom” merely the pretext for resource confiscation from any nation that dares disobey the deep state’s global order.

https://www.ned.org/ned-congratulates-maria-corina-machado-on-receiving-the-nobel-peace-prize/