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Jan. 21 (Bloomberg) -- Julia Coronado, chief economist for North America at BNP Paribas, and Michael Cloherty, head of U.S. interest-rate strategy for fixed income and currencies at RBC Capital Markets, talk about the outlook for Federal Reserve monetary policy. Coronado and Cloherty also discuss the U.S. budget deficit, economy and Treasury market. They talk with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)