Bond traders brace for March madness as U.S. debt cap returns

Bloomberg/Liz McCormick and Alex Harris/2-22-2019

“Treasury traders are bracing for their own outbreak of March madness, with a plethora of risks on the radar, including the coming reinstatement of the U.S. debt ceiling.”

USAGOLD note:  With the current rancor visible daily in the nation’s capitol, this go around on the debt ceiling raises concern that it might be considerably worse than past battles of the budget.

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