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Market Extra: How $4 trillion in Treasurys parked at banks could become a ticking time bomb if the debt-ceiling fight triggers a U.S. default
Banks buy Treasurys to earn income on ‘risk free’ assets, because the U.S. isn’t expected to default on its debt obligations. Read Full Story The post Market Extra: How $4 trillion in Treasurys parked at banks could become a ticking time bomb if the debt-ceiling fight triggers a U.S. default appeared first on ForexTV...
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Posted: May 13 2023, 17:55
Author Name: forextv
Views: 110182