Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble

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Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble

If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught. www.nytimes.com

If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.

www.nytimes.com