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    Exam 5: How Do Risk and Term Structure Affect Interest Rates?
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    During the Budget Negotiations in Congress in 1995-1996,and Then Again
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During the Budget Negotiations in Congress in 1995-1996,and Then Again

Question 13

Question 13

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During the budget negotiations in Congress in 1995-1996,and then again in 2011-2013,the Republicans threatened to let Treasury bonds default,and this had an impact on the bond market.

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