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

wochit business
September 28, 2013 AT 5:27 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. While a protracted government shutdown, and particularly a default, could harm to the image of Uncle Sam's debt, its safe-haven appeal looks unchallenged in the short term.