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US Debt Ceiling, Credit in Focus

Bloomberg Daybreak: Asia Edition

00:00

The US Banks May Pull Back on Credit After Recent Stress in the Banking System

Treasury Secretary Janet Yellen says US banks may pull back on credit after the recent stress in the banking system. House Speaker Kevin McCarthy is expected to address the US debt limit Monday at the New York Stock Exchange. ECB President Christine Lagarde said she's got confidence in the US and doesn't foresee default.

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