, Columnist
Not All’s Quiet on the Fitch and CDS Front
Markets in the rear areas are yawning as the debt limit talks play out, but it’s a different story where the tripwires are.
House Speaker Kevin McCarthy speaks to the media as US debt limit talks hit a fresh impasse.
Photographer: Al Drago/BloombergThis article is for subscribers only.
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Let’s get this over with. The markets most directly affected by the row over whether to raise the federal debt ceiling are now registering serious concern. It’s still legitimate to question how much this matters.