The bond market just sounded the alarm on US default risks, and a 'cataclysmic' debt ceiling crisis could hit next month

The bond market just sounded the alarm on US default risks, and a 'cataclysmic' debt ceiling crisis could hit next month

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None Three-month Treasury bills saw their highest yield since 2001, as debt ceiling concerns grow. • None The Treasurys would mature around when the US government would run out of money. • None The warning came as House Speaker Kevin McCarthy asked Wall Street to "don't sit back — join us." The…

#treasury #kevinmccarthy #jpmorgan

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