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Crisis dashboard: Stocks soar, Treasury yields collapse on deal news

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The news of a congressional deal to raise the debt ceiling led to an immediate surge in stock and bond markets Wednesday morning as the threat of default was defused. The S&P 500 had gained 23 points, or 1.4 percent, by close: And short-term Treasury securities, which had sharply dropped in price entering Wednesday, quickly began recovering. Treasury yields (which fall as bond prices...

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