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US Technical Default?

Tue 22 Jan 13 | 06:43 AM ET
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US Technical Default?

Tue 22 Jan 13 | 06:43 AM ET
If lawmakers fail to raise the nation's debt ceiling, could the U.S. default on its debt? Steven Englander, Citi global head of G10 FX strategy, provides perspective. "The markets would not believe we are going into a default until it actually happens," he says.
 
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