Debt-Limit Tracker: What to Watch in Markets as Suspension Ends
- Dec. 8 deadline joins budget, taxes on Congress’s to-do list
- Bill curve starts to ‘kink’ in April and auctions shrink
This article is for subscribers only.
The three-month U.S. debt-ceiling reprieve is about to end, putting investors in Treasury bills and other short-term debt on notice.
The September legislation that suspended the limit and funded the government is set to expire Dec. 8. House Republicans have a plan to pass a two-week extension to keep the government open. But lawmakers have yet to take it up as they focus on concluding an agreement to overhaul the tax system.