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Yellen repeats the June 1 date for possible US default without debt ceiling hike

US Treasury Secretary Yellen, from a letter she has written to Congress U.S. Could default as early as June 1 without debt ceiling hikeEarly June timing is based on additional information now availableActual date for default could be 'a number of days or weeks later than these estimates'Waiting until last minute to raise debt limit can cause serious harm to business and consumer confidenceHave already seen Treasury's borrowing costs increasing substantially for securities maturing in early June... Read More

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Yellen

Repeats

June

Date

Possible

Default

Without

Debt

Ceiling

Forex

Posted: May 15 2023, 20:19

Author Name: forexlive

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