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Vanguard: Brace for Volatility Over Debt Limit Negotiations

Por: MarketWatch Business May 25, 2023

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“We don’t think there will be a default, but we do believe the decision will be in the 11th hour just before the X-date,” Sara Devereux, global head of the fixed-income group at Vanguard, which manages over $2 trillion in assets, told Barron’s. Stocks Wednesday after House Speaker Kevin McCarthy said an agreement hadn’t been reached yet. Treasury Secretary Janet Yellen has said Congress has until June 1—the so-called X-Date—to... + full article



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