What effect has this on price and yield of us treasury bills

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Suppose investors believe the US will temporarily default on its debt payments in three months due to failing to agree to lifting the debt ceiling. What effect has this on the price and yield of US treasury bills and bonds with a maturity of 1 month, 3 month and 3 years and how does it affect the shape of the US yield curve.

Reference no: EM13907033

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