The Debt Ceiling is Back on the Table for 2025
For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted as ideas were floated to push the issue off.
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Trump Efficiency Co-Chief Elon Musk Calls Fed ‘Overstaffed’
Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal Reserve.
Fed’s Daly Says She’s ‘Very Comfortable’ With Two 2025 Rate Cuts
Fed Bank of San Francisco President Mary Daly said she is “very comfortable” with policymakers’ median projection of two interest-rate cuts next year.
US Yield Curve Is Steepest Since 2022 After Fed’s Rate-Cut Shift
Longer-dated US Treasuries weakened Thursday, propelling the yield curve to steepen to a level last seen in June 2022.
Shutdown Looms As Trump Calls For Elimination Of Debt Ceiling
Speaker Mike Johnson’s (R-La.) handling of an end-of-year spending deal has thrown his future into uncertain territory ahead of Jan 3 Speaker vote.
Government Shutdown Odds Are Rising. Economic Experts Aren’t Panicking (Yet).
Washington could be barreling toward yet another spending crisis.
T. Rowe Raises Prospect Of 6% Treasury Yields On Fiscal Risk
Treasury 10-year yields may climb to 6% for the first time in more than two decades as US fiscal woes worsen.
