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Use the link below and answer the 3 Questions https://www.wsj.com/articles/what-is-the-u-s-debt-ceiling-and-what-happens-if-it-isnt-raised-11674135456# Answer the questions below: According to the first WSJ article, what was the borrowing limit
Use the link below and answer the 3 Questions
https://www.wsj.com/articles/what-is-the-u-s-debt-ceiling-and-what-happens-if-it-isnt-raised-11674135456#
Answer the questions below:
- According to the first WSJ article, what was the borrowing limit for the federal government in Spring of 2023 and why it had to be addressed? How is debt ceiling related to bond market? What were the concerns about the financial system if the US Congress didn't authorize raising of the debt ceiling?
- According to the second WSJ article, what are the nominal and real yields of 10-year Treasury bonds? What was the inflation rate in July?
- What are (or who reaps) the benefits of higher real yields? What about the costs or dangers of higher real yields?
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Global Strategy
Authors: Mike W. Peng
5th Edition
0357512367, 978-0357512364
