PATRICK: Might the debt ceiling aftermath push up rates?
An investor’s perspective now that the threat of a default has receded
Source: valdostadailytimes.com
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Treasury targets $425 bln June cash balance to start post-debt ceiling replenishment
June 7 (Reuters) - The U.S. Treasury on Wednesday said it aims to ramp up T-bill issuance to rebuild its cash balance depleted during the debt ceiling stand off, aiming to add roughly $350 billion to its cash on hand by the end of June. ... | Jun. 07
Source: marketscreener.com
Bitcoin BTC Price Edges Below $28K as Investors Eye US Debt Ceiling Progress
Investors awaited a House vote on the debt limit deal, scheduled for Wednesday.
Source: coindesk.com
With a debt deal pending, changes are coming to the Fed's balance sheet
Once it is free to issue new debt, the Treasury Department is expected to quickly replenish its general account at the Fed. The move could lead to a shortage of reserves.
Source: americanbanker.com
More "Dangerous Nonsense" From "The New York Times" on the Debt Ceiling
There are multiple legal pathways to resolve the current debt “crisis.” Having the president and House speaker agree on spending cuts to programs already approved by Congress is not one of them.
Source: thenation.com