Watch Live: President Biden Urges Congress To Raise Debt CeilingZeroHedge News

Watch Live: President Biden Urges Congress To Raise Debt Ceiling

With US stocks in freefall and Wall Street strategists fretting about the increasingly uncomfortable game of political chicken happening in Congress, President Biden on Monday will deliver remarks to the nation about the need to raise the debt ceiling in a bid to break the logjam.

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The growing unease about the possibility that the debt limit won’t be raised in time to stop the Treasury from defaulting on its debt, which could unleash a potentially catastrophic chain reaction that could bring down the entire dollar-based financial system (according to some), has caused signs of anxiety in the T-Bills market to worsen.

Tyler Durden
Mon, 10/04/2021 – 11:47Read More

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