Yellen: US Debt Default Would Be ‘Financial Calamity’

Janet Yellen and Jerome Powell were out selling more debt ceiling fear, while acknowledging that a spike in bond yields (which has already happened) would be indicative of concerns about a potential default.

(Video length 00:08:43)

 

Janet Yellen and Jerome Powell were out selling more debt ceiling fear, while acknowledging that a spike in bond yields (which has already happened) would be indicative of concerns about a potential default.

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