Tag: default
U.S. Faces ‘Elevated Risk’ of Default in Early June, a New Report Warns
The United States faces an “elevated risk” of running out of cash to pay its bills between June 2 and 13 if Congress does not raise or suspend the nat [...]
Yellen Warns the U.S. Could Default as Soon as June 1
Treasury Secretary Janet L. Yellen reiterated on Monday that the United States could be unable to pay its bills as soon as June 1, an announcement tha [...]
U.S. Default Prospect Hurts Economy in the Meantime
As negotiations over the debt limit continue in Washington and the date on which the U.S. government could be forced to stop paying some bills draws c [...]
Stocks Higher as Biden Assures No Default
Global stock markets are mostly bullish, with Japanese indices and the NASDAQ 100 index advancing firmly to new long-term highs. strong:first-child{co [...]
USDC Stablecoin Issuer Circle Moves $8.7B to Repo Agreements Amid Risk of U.S. Default
Overnight repo transactions are effectively short-term collateralized loans. The borrower is selling a security – in this case, U.S. Treasurys – for c [...]
Biden Says He Is Confident America Will Not Default on Its Debts
WASHINGTON — President Biden, just moments before he departed on Wednesday for a diplomatic trip to Asia, said he was confident “America will not defa [...]
G10 FX Talking: US default stands in the path to a weaker dollar
EUR/USD: The bumpy path to a higher EUR/USD• Based on our view that the Fed tightening cycle is over and that a credit crunch makes a US recession m [...]
FOREX-Dollar on back foot as U.S. default risk weighs
By Kevin BucklandTOKYO, May 16 (Reuters) - The U.S. dollar remained under pressure on Tuesday, weighed down by the risk of a U.S. default as a standof [...]
Bitcoin a top 3 asset in the event of US debt default: Survey
Major cryptocurrency Bitcoin (BTC) could become a top-three asset in the event of a theoretical debt default in the United States, according to a new [...]
The more the time of a possible default approach, the more probable a change in sentiment is – Commerzbank
The negotiations to avert the US default were postponed to next week at short notice. Economists at Commerzbank note that this issue is not a concern [...]
JPM’s Jamie Dimon warns of market panic as U.S. nears default
JPMorgan Chase and Company President and CEO Jamie Dimon testifies before a Senate Banking, Housing, and Urban Affairs hearing on "Annual Oversight of [...]
Circle reportedly adjusts USDC reserves to avoid US default risk
Stablecoin issuer Circle has reportedly adjusted its reserves treasury in an effort to reduce the risks of United States debt defaults.According to a [...]
Trump: U.S. ‘might as well’ default on debt
Trump: U.S. ‘might as well’ default on debt
www.politico.com [...]
Biden and McCarthy to Discuss Debt Limit as a Possible Default Looms
WASHINGTON — President Biden will meet with Speaker Kevin McCarthy at the White House on Tuesday in a critical face-to-face confrontation that will fr [...]
With Default Looming, What Can Biden Do?
The federal government has perhaps less than a month left before an economically devastating default on its debt.No matter who bears the political bla [...]