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U.S. Government Has 4 Days to Increase Nation’s Debt Limit – Market Update

U.S. Government Has 4 Days to Increase Nation’s Debt Limit – Market Update

Treasuries and mortgage bonds opened higher after a vote on Boehner’s plan to increase the nation’s debt limit was postponed. There are 4 days left before the government’s authority to borrow will expire and we begin to run out of money. In economic news, the GDP report came in at 1.3%, indicating that the US economy grew less than forecasted last quarter.

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