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Analysis: Shutdown, Default Threat Elevates Appeal Of U.S. Treasuries

wochit business
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September 28, 2013 AT 3:58 AM
Government shutdown. Federal default. These looming political threats to the U.S. economy might scare investors to buy more U.S. Treasuries in the coming days as they seek a shelter for their cash. Investors are expected to go by the conventional crisis playbook - dumping assets perceived to be higher-risk and rushing into those seen as lower risk.