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T-Bills if there is a default?

By Terry Savage on January 24, 2023 | Chicken Money

After listening during the Fall about how it is easy to buy T-Bills, was ready to put dollars from an inherited condo to work (broken up in a series of purchases not a lump sum). However, not sure what the ramifications would be on T-Bills if Congress stalls and there is an actual default? Advise?

Terry Says

Please don’t worry. This is a political football. The United States is NOT going to default on its Treasury borrowings.

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