X-Date Estimate – June 5 Or So?
From Zeng and Ryan at DeutscheBank yesterday.
Source: Zeng, Ryan, Debt Ceiling Developments Weekly Tracker, May 22, 2023.
There are no days before June 5 when both House and Senate are in session. Both houses are in session on June 6-8, 12-15, 20-23.
Little sign of pressure in equity markets, but more in bond markets, and in CDS.
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