CNN CNN Newsroom October 14, 2013 13:34:00
Worry if the government will pay the treasury note if the debt ceiling deal isnt done. big banks use the t bills to park short term cash if they want to stay more liquid and a disruption in the market could have huge repercussions for the entire credit market leading to a big spike on the interest rate we pay on credit cards and mortgages and car loan stos theso there is a real world affect. >> not to mention the overseas markets. lets talk about the games theyre playing on capitol hill becaus...
Source: archive.org