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Debt ceiling negotiations set to resume today

We start the week off with a slow day on the data front. We get consumer confidence figures from the euro area. We also have several Fed speakers on t ....

People Bank , Japanese May , Loan Prime Rates , Federal Reserve , Itraxx Main ,

Debt Ceiling Negotiations Set to Resume Today

The negotiations between Biden and McCarthy to lift the US debt ceiling are set to resume today. Risk sentiment weakened on Friday when the republican negotiators said the talks had stalled. The treasury cash balance has fallen to just USD57.3 billion, and yesterday Yellen reaffirmed that June 1 'is a hard deadline' for lifting the ceiling in order to ensure avoiding a default. ....

People Bank , Japanese May , Loan Prime Rates , Federal Reserve , Itraxx Main ,