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Tag Archives: credit default

Global investors welcoming debt deal despite looming risks

Mohamed Abdelhamid Daily Economic Reports, Economic Report, Global Stock Market, Market Update

As politicians work to push the agreement through Congress before the new June 5 deadline, international investors are simulating the market effects of that deal.Investors predicted that a deal between the White House and House Republicans to raise the $31.4 trillion debt ceiling would prevent a disastrous American default, increase …

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