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Global investors stay confident in U.S. despite crisis
Global investors remain largely confident in the United States after successive budget crises though concerns rise about a debt ceiling impasse. Treasuries attract funds as Wall Street holds near record highs but potential default fears curb sentiment. Gary Jenkins of Swordfish Research notes growing volatility and questions future stability. U.S. Treasury warns it may run out of money without a higher borrowing cap by October 17.
MENTIONED IN THIS ARTICLE
New York
U.S
America
Gary Jenkins
Swordfish Research
London
U.S. Treasury
Congress