Investors are too relaxed about the debt ceiling right now – and a"market tantrum" might be needed to break the deadlock in Washington, according to Krishna Guha.
"I think that's a reasonable baseline, but it does omit one key thing – the market has a role to play in this drama, too," he added."The politicians need the market to throw a tantrum at the last minute so that they have an excuse to compromise and calm down."
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Dollar bonds of India's Adani Ports rise as company starts debt buybackThe U.S. dollar-denominated bonds issued by India's Adani Ports and Special Economic Zone rose on Monday, after the company commenced a cash tender offer for a buyback of securities.
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