The Weekly Fix: A Debt Ceiling Deal? The Problems Don’t End There
US President Joe Biden speaks in the Roosevelt Room of the White House.
Photographer: Al Drago/BloombergWelcome to the Weekly Fix, the newsletter that always meets its deadline. I’m bonds and FX reporter Ye Xie, stepping in for Katie Greifeld.
Finally, there seems to be a deal in sight to raise the US debt ceiling and avoid a potential unprecedented default. House Speaker Kevin McCarthy said Thursday that negotiators may reach an agreement in principle as soon as this weekend, lining up a vote in his chamber next week.