Terrible 20Y Auction Prices With Huge Tail, Lowest Foreign Demand On Record

New Jersey Pulls More Improper Voter Registrations, Adds Daily Audits At Motor Vehicle Agency Authored by Chase Smith via The Epoch Times, New Jersey Gov. Mikie Sherrill on Oct. 7 ordered daily checks of voter registrations processed through the state Motor Vehicle Commission after a review found about 1,090 additional registrations that were improperly handled. Sherrill ordered the review after disclosing in July that a software error had registered about 6,600 people who said they were not U.S. citizens when they applied for driver's licenses and state IDs between June 2023 and...

World's Largest Sovereign Wealth Fund Cuts Treasury Holdings... But It's Not What You Think The headlines are running rampant this morning as the world's largest (and most transparent) sovereign wealth fund - Norway's Government Pension Fund - has proposed reducing the amount of government bonds in its $2.3 trillion portfolio to boost holdings of riskier debt, with US Treasuries the most affected. Norges Bank Investment Management (NBIM), which manages the fund, said in a letter sent to the Ministry of Finance on Tuesday and published on its website, that government debt should...

Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch.