"Brace" - JPMorgan Warns Debt-Ceiling Showdown Means "Non-Trivial Chance Of A Default" On US Treasuries (US Treasury IOU's)
The debt ceiling could become an issue as early as May, with speakers assigning a 10-15% probability of the US defaulting on US Treasuries (US Treasury IOU's aka US Treasury bonds)
"Brace" - JPMorgan Warns Debt-Ceiling Showdown Means "Non-Trivial Chance Of A Technical Default" On US Treasuries
BY TYLER DURDEN
FRIDAY, APR 21, 2023 - 01:45 PM
'Be afraid, be very afraid' - that is the …
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