Economics
Debt Ceiling Anxiety Tracker: Wall Street Is Taking No Chances
- Should you be more nervous than you were yesterday? Possibly
- Should you be feeling something a little like panic? Not yet
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As investor angst over the U.S. debt ceiling builds with about a month to go before crunch time, Wall Street isn’t taking any chances. Key Treasury market industry groups are dusting off plans developed ahead of previous debt-ceiling showdowns in a bid to lessen the potential market disruption should politicians fail to raise America’s borrowing capacity in time.
Here are the charts you need to gauge whether you should be more nervous now than you were yesterday. Let’s call it the anxiety tracker: