BREAKING: U.S. Treasury extends potential debt default deadline to June 5 amid ongoing negotiations.
Treasury Secretary Janet Yellen speaks with reporters during a visit to the Virginia Innovation Partnership Corporation incubator at the Center for Innovative Technology campus in Herndon, Va., Oct. 21, 2022.
Treasury Secretary Janet Yellen speaks with reporters during a visit to the Virginia Innovation Partnership Corporation incubator at the Center for Innovative Technology campus in Herndon, Va., Oct. 21, 2022.MORE: Negotiators have 'made progress' but no debt limit deal as deadline nears: McCarthy
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U.S. Treasury debt announcement signals to some June 1 is not 'X-date'The U.S. Treasury on Thursday announced a slate of T-bill auctions for early next week that some market participants see as an indication that the debt ceiling's so-called 'X-date' may not in fact be June 1.
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Yields on June Treasury bills rise to 7%, signaling investor fear over debt ceilingThe standoff over the debt ceiling is raising the prospect of default and sending yields on certain Treasury bills soaring. Yields on securities maturing in early June soared on Thursday, with at-risk bills maturing on June 6 featuring yields above 7%.
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Default on debt isn't June 1 and Treasury isn't 'credible': GOP Rep. Byron DonaldsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
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U.S. will default on June 5 if debt limit not raised, Treasury saysBreaking news: The U.S. government will run out of money to meet all its payment obligations on June 5 if Congress does not raise the debt ceiling, according to a letter Treasury Secretary Janet L. Yellen sent to lawmakers on Friday.
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Treasury yields nudge higher as bets on July rate hike riseBond yields moved higher on Thursday as traders continued to discount debt-ceiling negotiations and Federal Reserve policy trajectory.
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