Credit Bubble Bulletin

[Reuters] No surrender in Mariupol as Russian deadline expires [Yahoo/Bloomberg] Russia pours in more troops and presses attack in the east ...

[AP] Russia pours in more troops and presses attack in the east [Yahoo/Bloomberg] Ukraine Update: Biden Promises Artillery as Russia Widens ...

[AP] Russia ratchets up battle for control of eastern Ukraine [Yahoo/Bloomberg] Ukraine Update: Russia Attacks Across Donbas in New Offensiv...

[AP] Russia launches fight for industrial heartland, Ukraine says [Reuters] Russia launches 'Battle of Donbas' all-out assault on ea...

[AP] Zelenskyy: Russian offensive in eastern Ukraine has begun [Reuters] Ukraine says 'Battle of Donbas' has begun, Russia pushing i...

[Reuters] Ukraine says first civilians killed in Lviv, Mariupol holds out  [Reuters] U.S. to start training Ukrainians on howitzers in comin...

[Yahoo/Bloomberg] Ukraine Update: Mariupol Defenders Hold Out; Missiles Hit Lviv [Reuters] Russia hits targets across Ukraine, fighters clin...

[AP] Ukrainian defenders in Mariupol defy surrender-or-die demand [Yahoo/Bloomberg] Ukraine Update: Mariupol ‘Basically Encircled’ Yet Hasn’...

[Reuters] Russia demands Mariupol surrender, Pope Francis laments 'Easter of War' [Reuters] Russia calls increased NATO military act...

[AP] Russia renews strikes on Ukraine capital, hits other cities [MSN/NYT] Russia Fires Missile Barrage at Ukrainian Cities and Military Tar...

[AP] Ukraine war far from over as Russia renews strikes in Kyiv [Reuters] Russia hits Kyiv, Lviv; presses offensive in ruins of Mariupol [Ya...

Something snapped. Ten-year Treasury yields jumped another 12 bps this week, with a two-week gain of 44 bps. At 2.83%, 10-year yields ende...