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USA CDS | Hey bear, hey bear!

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“Remember, my son, that any man who is a bear on the future of this country will go broke.”

Apparently, in the state of California, there are two types of bears one may encounter on the trails: one that's smaller and less aggressive, which can be scared off by standing tall, not turning back to run away, and shouting "hey bear, hey bear." The other is larger and will m...


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USA CDS | Hey bear, hey bear!

1-year USA default swaps back to pre-debt ceiling levels.