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Escalating US Treasury Yields Reflect Intensifying Uncertainty Over Debt Ceiling Negotiations
Tuesday, May 23, 2023 - 8:56am | 481Treasury yields are experiencing heavy volatility as a debt ceiling agreement continues to be delayed with less than a week until the U.S. government risks running out of money to make payments. On Monday night, House Speaker Kevin McCarthy said that he had a "productive discussion"...
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US Dollar Hits 5-Week Peak As Debt Ceiling Concerns Drive Treasury Yields Upwards
Wednesday, May 17, 2023 - 9:18am | 558The U.S. dollar has risen to its highest level in more than five weeks, with the U.S. Dollar DXY index breaking above the 50-day moving average resistance level, indicating a revival in investors' demand for safe-haven assets while debt limit talks continue. The dollar's gains during the...