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/SUPPLY: CIBC head of rates strategy........>

US TSYS
US TSYS: /SUPPLY: CIBC head of rates strategy Richard Gilhooly said on 2018 view
that the US fiscal stimulus "will raise GDP over the next year, possibly by 1%
along with deregulation measures, leading the Fed to hike more aggressively next
year."
- Gilhooly added the US Treasury "will fund the Fed's rising run-offs and its
own cash balance needs after debt ceiling resolution in shorter maturities."
- He adds that "our Y2k analogy reflects parabolic stock markets on tax hopes
and liquidity, sadly as the liquidity withdrawal has already begun."

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