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Debt ceiling fights aren't new. The next one could unleash 'Armageddon'

Por: CNN Business October 30, 2022

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London CNN Business  —  The market for US Treasuries, worth roughly $24 trillion, is considered the . Its smooth operation directly impacts both America’s ability to run its government, and the health of the broader financial system, which hinges on the view among traders that US debt is a safe bet. So what would happen if the Treasury market were to experience a sudden breakdown? It’s a question that both US officials and Wall Street... + full article



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