The Week Ahead – Will US Debt Talks do the Unthinkable? Flash Euro CPI, China PMIs and the Bank of Thailand
Nomura – The Week Ahead
The US Debt-Sealing Drama
The market's focus is turning squarely on the US debt-sealing drama. Treasury bills expiring before the end of May are trading at a historically high premium. The time it takes to negotiate also runs up against how long it takes to pass legislation in the House and Senate.
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