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BBH analysts said that "if.........>

US TSYS/RESEARCH
US TSYS/RESEARCH: BBH analysts said that "if anything, the Washington drama
raises concerns about the debt ceiling and the spending authorization that
Congress must act on with limited time to maneuver in September. Some see these
issues impacting the Fed's decision on its balance sheet."
- They add that "there have been some distortions in the T-bill market as
investors seek to avoid the period in which the problem may be most acute
(mid-October)."

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