Wondering why bond yields are blowing wider?
and stocks dropping...
Seems the Republicans have decided that they won't stand for anything but a defunded Obamacare, smaller deficits (well that won't help the QE), and negotiations over the Debt Ceiling...
- U.S. HOUSE MAJORITY LEADERS CANTOR SAYS FIGHT OVER DELAYING 'OBAMACARE' HEALTH REFORMS WILL CONTINUE INTO THE DEBT CEILING DEBATE
- U.S. HOUSE SPEAKER SAYS THIS YEAR WILL BE "NO DIFFERENT" FROM 2011 ATTEMPT TO LINK DEBT CEILING HIKE TO BUDGET CUTS