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Crisis Du Jour: Debt Ceiling Showdown

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Manage episode 363947064 series 2943746
Content provided by Ford Financial Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ford Financial Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This week Brian and Ryan talk about how time is running out for Congress to raise the debt ceiling. Treasury Secretary Janet Yellen has warned lawmakers that the government may not be able to service its debt by June 1.
The fixed income market continues to show signs of concern over a potential technical default. Credit default swap (CDS) rates for U.S. government debt have roughly doubled over the last month, while four-week Treasury bills auctioned at their highest discount on record last week.
Chart 1
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Chart 3

Tracking # 1-05369269

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204 episodes

Artwork
iconShare
 
Manage episode 363947064 series 2943746
Content provided by Ford Financial Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ford Financial Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This week Brian and Ryan talk about how time is running out for Congress to raise the debt ceiling. Treasury Secretary Janet Yellen has warned lawmakers that the government may not be able to service its debt by June 1.
The fixed income market continues to show signs of concern over a potential technical default. Credit default swap (CDS) rates for U.S. government debt have roughly doubled over the last month, while four-week Treasury bills auctioned at their highest discount on record last week.
Chart 1
Chart 2
Chart 3

Tracking # 1-05369269

Send in your questions!

  continue reading

204 episodes

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