Debt ceiling deal heads to House vote after passing initial hurdle (NASDAQ:SHY)
Treasury yields continue to fall as a debt ceiling deal continues to advance on Capitol Hill. With a default nearly off the cards, the yield on the 10-year (US10Y) dropped 13 basis points on Tuesday to end the session at 3.69%, and slipped another 3 bps overnight to 3.66%. Legislation to lift the…
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