Debt ceiling deal impact on Treasuries and market volatility.

1 min read
Source: The New York Times
Debt ceiling deal impact on Treasuries and market volatility.
Photo: The New York Times
TL;DR Summary

Despite being threatened by a possible US debt default, Treasuries remain more attractive than just about everything else due to their safety and stability. The United States has averted a formal default, after another wild, unnerving ride. The best answer for wary investors may be exactly what it was before this crisis: For safety, buy Treasuries. Through countless crises in the United States and abroad, investors have flocked to the $24 trillion Treasury market just about whenever they have needed a haven.

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