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Wall Street Girding for US Debt Ceiling Showdown in 2027

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Bonds Wall Street Girding for US Debt Ceiling Showdown in 2027 Wall Street strategists are warning that the return of divided government could disrupt the bond market next year by setting the stage for a bruising fight over the debt ceiling. “The single biggest source of domestic policy uncertainty remaining in the US is the debt ceiling that will become binding by Q2 of next year,” said George Saravelos, strategist at Deutsche Bank.

Bonds Wall Street Girding for US Debt Ceiling Showdown in 2027 Wall Street strategists are warning that the return of divided government could disrupt the bond market next year by setting the stage for a bruising fight over the debt ceiling. “The single biggest source of domestic policy uncertainty remaining in the US is the debt ceiling that will become binding by Q2 of next year,” said George Saravelos, strategist at Deutsche Bank.
Bonds Wall Street Girding (LOCATION) US (LOCATION) Q2 (ORG) George Saravelos (PERSON) Deutsche Bank (ORG)
Originally published by Bloomberg Markets Read original →