Frontrunning: January 10

Obama Picking Lew for Treasury Fuels Fight on Budget (BBG) Deutsche Bank Bank Made Huge Bet, and Profit, on Libor (WSJ) Spain Beats Maximum Target in First 2013 Debt Sale (BBG) - In other news, the social security fund is now running on negative? "Icahn is also believed to have taken a long position in Herbalife" (NYPost) - HLF +5% premarket Lew-for-Geithner Switch Closes Era of Tight Fed-Treasury Ties (BBG) Turkey Beating Norway as Biggest Regional Oil Driller (BBG) Greek State Firms are Facing Closure (WSJ) Draghi Spared as Confidence Swing Quells Rate-Cut Talk (BBG) China’s Yuan Loans Trail Estimates (BBG) SEC enforcement chief steps down (WSJ) CFPB releases new mortgage rules in bid to reduce risky lending (WaPo) Japan Bond Investors Expect Extra Sales From February (BBG) BOJ Said to Consider Boosting Price Forecast as Yen Falls (BBG) BOE Seen Refraining From More QE as Credit Pla...