STEVE INSKEEP, HOST: NPR's business news starts with worry about American debt.</s>STEVE INSKEEP, HOST: Fidelity Investments has sold all of its short-term U.S. government debt. That limits losses for the country's largest manager of money market funds in case the U.S. Treasury run out of money on Oct. 17th, and Congress does not do something about the federal debt limit.</s>STEVE INSKEEP, HOST: Fidelity's president said this move was precautionary.
Fidelity Investments has sold all of its short-term U.S. government debt. That limits losses for the country's largest manager of money market mutual funds should the U.S. Treasury run out of money on Oct. 17.