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Market Expectations Regarding Successful Raising of the Debt Ceiling

Summary:
The market has apparently taken a dim view of the Administration’s ability to manage the debt ceiling issue. From Deutsche Bank (not online): Truth be told, I am unsurprised.

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The market has apparently taken a dim view of the Administration’s ability to manage the debt ceiling issue. From Deutsche Bank (not online):
Market Expectations Regarding Successful Raising of the Debt Ceiling

Truth be told, I am unsurprised.

Menzie Chinn
He is Professor of Public Affairs and Economics at the University of Wisconsin, Madison

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