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Behind The Markets Podcast: Greg Valliere

Behind the Markets Podcast

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Is the Fed Going to Buy US Bonds That Are About to Demise?

I don't think there are actually going to be any really big time meaningful cuts. The problem is about a dozen militant House conservatives who don't want to raise the debt ceiling period, no matter what they're given in exchange. I would not rule out Jerome Powell very reluctantly saying that we have to maybe purchase bonds that are about to default.

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