Last week, US Treasury Secretary Yellen designated December 15 as the deadline.
- the Treasury is reportedly under-resourced and at risk of default after Dec. 15 after making a transfer of $ 118 billion to the Highway Trust Fund.
However, research firm Wrightson ICAP said in a note to clients that based on Treasury debt issuance plans, the department should be able to exceed that deadline.
- may be able to finance government operations until the first half of January without increasing the debt ceiling
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