Invesco Fixed Income writes "Countdown to Debt Ceiling Debate." The piece, written by Justin Mandeville, says, "As the March 15 deadline approaches, U.S. Treasury bills could become increasingly volatile. In the first quarter of 2017, a newly minted Congress will be tasked with approving an increase in the U.S. government's debt limit -- the so-called "debt ceiling" -- which is set to expire on March 15, 2017. If the debt ceiling is not raised, the US Treasury bill market could experience volatility as investors adjust to a potential reduction in the supply of Treasury bills.... If the debt ceiling is not raised in March, the US Treasury's cash balance, which is mandated by law, would need to decrease dramatically, which in turn means a sharp reduction in the need for US Treasury bill issuance.... With the debt ceiling battle on the horizon, we could see volatility in US Treasury bills in the coming months."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September