Debt Ceiling Deal Doubts Rise – USA Default Risk Hasn’t Done This Since Lehman

The US Treasury Bill market remains notably inverted around the uncertain timing of the US debt limit debacle. As Bloomberg reports, while Treasury bills maturing in October continue underperforming against November and December securities, the market has a murky view on the drop-dead date for the U.S. debt ceiling.

Source: Debt Ceiling Deal Doubts Rise – USA Default Risk Hasn’t Done This Since Lehman