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Surveillance: Kirby on Debt Ceiling

Bloomberg Surveillance

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The Fed's Disruptive Force

If there is no debt ceiling default, right, and we do have that sense by the next Fed meeting. How much of a disruptive force would the Fed be if they actually did high grades at the June meeting? Bob Greene: They would exacerbate the bank walk. And at higher rates, we'll then definitely filter through in the economy.

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