Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022

US Issues First Outbound Investment Penalty Over Chinese Robotics AI Deal Authored by Arthur Zhang via The Epoch Times, The U.S. Treasury Department has fined Amidi LLC $200,000 for failing to report an investment in a Chinese tech startup - the first penalty under U.S. restrictions on investments in sensitive Chinese technologies. The Department of the Treasury in Washington on Oct. 3, 2024. Madalina Vasiliu/The Epoch TimesAmidi is the parent company of Plug and Play Tech Center, a California-based venture investment and startup accelerator organization. The Treasury imposed the penalty in July...

American Freight Revival Enters Next Phase As Illegal Alien Trucker Chaos Continues Submitted by American Truckers United, In a unanimous landmark decision, the U.S. Supreme Court ruled that the Federal Aviation Administration Authorization Act (FAAAA) does not protect freight brokers from state-law negligence claims when they carelessly hire unsafe motor carriers. Landmark win for trucking safety this morning. The Supreme Court rules UNANIMOUSLY against the broker that helped put the illegal alien who hit Dalilah Coleman on the road. As a result of this decision, trucking brokers can be liable for negligently giving loads...

Japan Intervened In FX Market To Buy Yen With Brent surging to a new post war high overnight, rising as high as $125 on fear of an imminent resumption of hostilities in Iran, which dragged yields higher, and also pushed the USDJPY above 160 for the first time since late March, overnight Japan made clear - again - it wouldn't take it any more, with the usual round of jawboning. *KATAYAMA: WE ARE MONITORING FX MARKET WHILE YOU ARE ON HOLIDAY *KATAYAMA: WE ARE NEARING TIMING TO TAKE BOLD ACTION ON FX Then *MIMURA:...