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A Bend financial advisor says the financial markets are pointing to an 11th hour resolution to the debt ceiling quandary. Troy Reinhart with Northwest Quadrant Wealth Management says despite the dramatic political dialogue, the Stock Market doesn't seem overly concerned: “I think even more telling is that the 10 year treasury is trading at 2.9 yield which is the lowest its been; even during the cataclysmic March of 2009 when we were melting down all over the place. So the Bond Market is saying we are not going to default on the debt.” Monday, credit rating agency Moody's, surprised some and said the United States would be better off if the ceiling was eliminated entirely.

 

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • North 3rd St >< Division and O.B. Riley Rd, single lane N-Bound (6/15-8/30)
  • South 3rd St >< Wilson and Reed Ln, single lane closures South Bound 5a-2p (8/30)
  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.
  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)
  • Butler Market East-bound lane closed E of 4th St. for sewer construction. (12/17)