CNN CNN Newsroom October 14, 2013 13:34:00
Worry if the government will pay the treasury note if the debt ceiling deal isn't 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. let's talk about the games they're playing on capitol hill because the games very much go on like trying to follow a bouncing ball there right now. on the one han...
Source: archive.org