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Treasury Secretary Jack Lew 'cautious and anxious' about a debt default

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If investors are looking for reassurance that the U.S. government will emerge from the upcoming debt ceiling negotiations unscathed, they might have been let down by Treasury Secretary Jack Lew Tuesday morning. “I’m anxious. I’m cautious and anxious,” Lew told an audience at the Economic Club of Washington when asked to describe his feelings for buyers of Treasury bills about the looming...

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