"With the debt ceiling fight, U.S. Treasuries' extraordinary measures have been enacted ten times since 2010. Investors can expect weeks of wrangling ahead which will be a distraction and stoke uncertainty. I don't expect the market impact to be long lasting. Indicators such as inflation and employment are moving in the right direction and point to a soft landing and Fed deceleration," says Aoifinn Devitt.
22 Jan 2023
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