American debt: the bomb is ticking

Omar Adan

Global Courant 2023-04-28 11:01:35

Democrats and Republicans have agreed to raise the US debt ceiling by $1.5 trillion. However, markets are not growing by leaps and bounds and the cost of default insurance (CDS) on US Treasuries remains sky-high. Why don’t investors believe in House Speaker Kevin McCarthy’s bill? It’s all about President Joe (…)

American debt: the bomb is ticking

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