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When Exactly Is The Debt Limit X-Date? The Market Looks For Clues

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When Exactly Is The Debt Ceiling X-Date? The Market Looks For Clues

conference, at the G-7 meeting of Finance Ministers and Central Bank Governors, at Toki Messe in Niigata, Japan, May 11, 2023. Negotiations on the debt ceiling appear to be making progress, but the the hard deadline or X-date for when the government won’t be able to pay the bills is unclear. Most current estimates are for early June, but opinions vary on precisely when. The U.S.

Yellen reinforced that saying, “it seems almost certain that we will not be able to get past early June.”Extraordinary Measures

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US money market funds see big inflows amid debt ceiling cautionU.S. money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadline for politicians to agree an increase in the country's debt ceiling.
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