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Market becomes increasingly unsettled without government data during shutdown

Shai Akabas / Blog October 9, 2013

Qi Wang contributed to this post.  With the government shutdown entering its second week, the market has become increasingly unsettled as many standard economic data reports continue to go unpublished. This only adds to the uncertainty surrounding the approaching debt…

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Short-term Treasury Bill interest rates have almost tripled: A sign of things to come?

Brian Collins / Blog October 9, 2013

On Tuesday, the Treasury Department announced auction results for 4-week Treasury Bills that will come due on November 7, 2013.  The interest rate, determined by competitive bidding, is 0.35 percent.  While this sounds low when compared to typical consumer interest…

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