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Tuesday, March 21, 2023

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Analysis: Looming U.S. default risk prompts investors to cut some debt exposure

NEW YORK, Feb 21 (Reuters) – Bond investors are starting to trim holdings of U.S. debt to brace for a possible government default that they see as highly unlikely but potentially seismic for financial markets around the world. The U.S. Treasury hit its $31.4 trillion borrowing limit last month. …

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