Snatching failure from the jaws of victory…? 10/17 T-Bills are 9bps off their low yields of the day and the S&P 500 has given back 5 points of its gains as the White House potentially snubs Boehner’s offer.
- *WHITE HOUSE SAYS CONGRESS NEEDS TO OPEN GOVT, RAISE DEBT LIMIT
- *WHITE HOUSE SAYS WON’T NEGOTGIATE UNTIL GOVERNMENT REOPENED
Of course, this dip also coincides with the end of POMO…
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Stock Surge Briefly Perturbed As Obama Digs In On "Negotiating" Position
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