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“Happy Memorial Day! Remember and honor.”

US deal ceiling
They did it!
It appears that a debt deal was finally reached! A debt limit increase for up to two years is a better outcome than our base case expectation - temporary relief until the end of the fiscal year (Sep/Oct 2023). Congratulations to the team at Polit...

 

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FT | Economist | Editorial | DB | Debt ceiling & more

FT and Economist editors show how the pros do it. How Deutsche used repo to mask liquidity risk in March. Kissinger of China, and