“Understanding the US Debt Ceiling: A Potential Default Scenario
Also Interesting
The report titled "The US debt ceiling: Navigating a potential default" explores the prospects of a possible US debt ceiling showdown that could lead to a default. While previous such showdowns have been averted in time, the report estimates a 33%-50% chance of a selective default occurring this time.
Assessment of Default Avoidance
Despite the looming threat of a selective default, the analysis remains positive that the US will evade any interruption of principal and interest, presumably avoiding a default event in US Treasurys.
Interested in the intricacies of the US debt ceiling and the potential for default? Click "Read report" for a detailed exploration.
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