Government shutdown risk

End of spec short story

On a day when US President Donald Trump proclaimed on Twitter that the US government “needs a good shutdown,” Monday’s Credit Suisse interest rate strategy note, “End of spec short story,” is particularly timely. With a potential September government shutdown looming (although Government shutdown risk abating?), the interest rate analysis from Praveen Korapaty, William Marshall and Jonathan Cohn pointed to a Trump defeat over the budget agreement as the world . . .

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