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The roughly $50 billion in financing, which will also include around $12 billion in junk bonds and $7.5 billion in loans, may start as soon as the next couple of weeks.

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"You have the government balance sheet that's deteriorated over time, and you have corporate balance sheets that, in a lot of cases, remain strong and stable."

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The Iran war is driving a marked shift in Clearwater Analytics' client portfolio toward securities dated six months to two years.

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