Need to Know: ‘It’s ridiculous.’ Buy short-term Treasury bills because debt-ceiling deal will come, says bond legend Bill Gross

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Friday’s bullish session on Wall Street seems to have gone nowhere, save for the Nasdaq Composite COMP wriggling its way out of a bear market.

Read: History shows what follows the Nasdaq exiting a bear market

Blame that cautious mood on anxiety ahead of Wednesday’s inflation data, but also as debt-ceiling worries build after Treasury Secretary…

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