Wall Street’s Trillion Dollar Headache Will Arrive When Debt Ceiling Crisis Gets Resolved. Here’s How

The debt ceiling crisis is a short-term worry for many investors as a failure to increase or suspend the borrowing limit is expected to cause chaos across financial markets. However, even if a resolution is reached, the barrage of bond sales by the Treasury Department to meet its obligations in the aftermath of a resolution is expected to drain liquidity from the banking system and push up short-term borrowing rates.

The supply is estimated at well over $1 trillion by the end of the third quarter, reported Bloomberg.

Also Read: How To Invest In Startups

“My bigger concern is that when the debt-limit gets resolved — and I think it will — you are …

Full story available on Benzinga.com

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

In The Litter Box will use the information you provide on this form to be in touch with you and to provide updates and marketing.