Former U.S. Secretary of Defense Jim Mattis. Photo: Win McNamee/Getty Images
Former Secretary of Defense Jim Mattis has returned to his position as Davies Family Distinguished Fellow at Stanford University's Hoover Institution.
Details: Mattis first joined Hoover in 2013 and previously held the same position as a visiting fellow in 2015. Per Hoover's press release, Mattis plans "to focus his research and writing on domestic and international security policy."
Illustration: Aïda Amer/Axios
Photo: Chip Somodevilla/Getty Images
Joe Biden told CBS' "60 Minutes" this week that if elected, he would put together a bipartisan commission to study the federal court system and make recommendations for reform.
Why it matters: Biden has come under pressure to clarify his position on court packing after some Democrats suggested expanding the court if Senate Republicans confirm President Trump's Supreme Court nominee Amy Coney Barrett.
Illustration: Aïda Amer/Axios. Photo: Sunset Boulevard/Getty Contributor
Investors' return on U.S. corporate bonds has been falling since its August peak, but buying has only accelerated, especially in investment grade bonds that are offering historically low yields.
The state of play: Since hitting its 2020 high on Aug. 4, the benchmark Bloomberg Barclays U.S. bond aggregate has delivered a -2.2% return. (For comparison, the S&P 500 has gained 3.9% during the same time period.)
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