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Patience is a Virtue with David Gelles of the New York Times

RiskReversal Pod

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The Risk of Raising the Debt Ceiling

There's a risk or a possibility that they raise the debt ceiling temporarily. We make it through summer, right? We sort of kick the can down the road. But then time really runs out when the budgets are due in September. And I don't like to look at the calendar as a guide for how the market is going to act.

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