Markets · Investment news

Wrangling over US debt ceiling may soon be over

US Capitol, Washington DC.

The US debt ceiling seems to be an endless source of political wrangling, with parties blaming each other and threatening economic chaos. One would almost forget that debt repayment is not up for debate. Not even in the US.

"President Biden is driving America towards its first-ever default, and no one but him will be blamed," shouts a television ad from the Republican advocacy organisation American Action Network.

Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.

A subscription is free for professionals working at banks and independent asset managers.