Vote Harder? Why Secession Is The Only Answer To The American Megastate

Mark Walter Probe Puts Wall Street's Insurance-Private Credit Machine Under DoJ Scrutiny An ongoing federal investigation into billionaire Mark Walter's business empire is raising alarm bells about Wall Street's use of insurance capital to finance private credit and other illiquid investments.  Bloomberg reported that Walter's TWG Global holding company said in a filing that it will wind down its exposure to affiliated businesses by up to $6.5 billion after the transactions drew scrutiny from federal investigators. This comes after the Department of Justice homed in on loans that should've been marked...

Stellar 7 Year Auction Sees 3rd Highest Foreign Award On Record In the week's final coupon auction, the US Treasury sold $44 billion in 7 Year notes to stellar demand.  Extending on the strength yesterday's solid (if tailing) 5 Year auction, today's 7 Year sale printed at a high yield of 4.290%, up from 4.175% and the highest since Jan 2025. It also stopped through the When Issued 4.291% by 0.1bps, the first stop through since December 2025. The bid to cover was 2.518, up from 2.513 and the highest since...