Oct. 10 (Bloomberg) -- The markets shuddered slightly as
the debt ceiling neared. The yield on short-term Treasuries has
risen tenfold. Fidelity Investments sold off its short-term
government debt.
But the shudder was slight -- and today saw a relief rally
in equities on news that House Republicans might agree to
suspend the debt ceiling for six weeks in order to spend more
time with their shutdown.
