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Analysts at Wells Fargo said the shutdown likely lowered economic growth by 0.5 percentage point. There remain broader concerns that Democrats and Republicans won't be able to draw up a longer-term budget. The deal approved late Wednesday only permits the Treasury Department to borrow through Feb. 7 and fund the government through Jan. 15. "The agreement represents another temporary fix that pushes fiscal uncertainty into the early months of next year," Wells Fargo analysts said. Despite the worries, signs of normalcy returned to financial markets Thursday. The one-month Treasury bill was back to trading at a yield of 0.01 percent, about where it was a month ago, and down sharply from 0.35 percent on Tuesday. Usually a staid, conservative security, the one-month T-bill was subjected to a wave of selling at the beginning of the month. Investors feared the T-bill would be the first piece of government debt to be affected by a U.S. default if the debt ceiling was breached and the federal government could no longer pay its obligations. The yield on the more closely-watched 10-year Treasury note fell to 2.60 percent from 2.67 percent Wednesday. Among other stock moves: Verizon rose $1.65, or 4 percent, to $48.90. The telecommunications company earned an adjusted 77 cents per share for the recent quarter, beating expectations of financial analysts. UnitedHealth Group dropped $3.82, or 5 percent, to $71.37. The health insurance giant narrowed its 2013 profit forecast, instead of raising it, giving some analysts pause.
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