⚠️🇺🇸#default #debt #ceiling #us
If the US debt ceiling is not raised, it would be a financial disaster — Yellen warned in an interview with NBC

the White House and Republican negotiators remain deadlocked on a deal to raise the debt ceiling after weeks of negotiations

Biden stated that he still believes the US will be able to avoid default, but he cannot guarantee the absence of a default in the US

⚠️🇺🇸#default #debt #ceiling #us
FactSet: Yellen warned that a default could occur as early as June 1 if the debt ceiling is not raised. However, on June 15, tax revenues will start coming in. Furthermore, on June 30, new extraordinary measures will be implemented to buy additional time in relation to the debt ceiling. Taking these factors into account, the most probable period for the X-date shifts from late July to mid-August

⚠️🇺🇸#default #lending #us #banks #warning
BBG: delinquencies on auto loans, credit cards, and mortgages have started to increase significantly in the US

#COF #ALLY

⚠️🇺🇸#default #ceiling #debt #us
Goldman Sachs predicts that the US Treasury will exhaust its funds by June 9

the cash balance of the US Treasury has dropped below $50B

💥White House and Republicans reach a tentative deal to avoid U.S. default

The deal has historic reductions in spending - details

⚠️🌎#default #business #warning
Deutsche Bank believes that a wave of corporate defaults is looming

⚠️🇺🇸#default #us #creditcard
Apollo: the delinquency rate on credit cards in the US is nearing the 2008 level across all age groups

#COF

💥🇺🇸#default #ceiling #debt #us
the Senate passed a bill to raise the debt ceiling, sending it to President Joe Biden’s desk

⚠️🇺🇸#default #us #debt #lending #macro
US - Delinquency rates on various types of loans, excluding student loans, continue to rise

#COF #ALLY #NAVI

⚠️🇺🇸#default #us #warning
Apollo: US corporate bankruptcies are worsening

⚠️🇺🇸🇪🇺#default #us #europe #forecast
S&P estimates corporate default rate to rise by 2024

⚠️🇺🇸#default #us
Appolo: against the backdrop of rising interest rates, a new wave of corporate defaults has begun in the US

⚠️🇺🇸#debt #default #us
US debt will become unsustainable and trigger default in about 20 years if it doesn't change course — Penn Wharton

⚠️🌎#default #macro
global corporate defaults at highest rate since global financial crisis — S&P