These Charts Show How Concerned Investors Are About the US Debt-Limit
- One-month bill maturing in June sold at unprecedented yield
- Indications of concern within financial markets are growing
The US Capitol Building in Washington, DC.
Photographer: Anna Moneymaker/Getty ImagesSigns are mounting within financial markets that investor concern about the US borrowing limit is increasing, with fresh debt auctions Thursday joining other indicators in sounding the alarm.
The US Treasury sold one-month bills at the highest-ever yield for the tenor, underscoring just how quickly the debt-ceiling landscape has shifted in the wake of Treasury Secretary Janet Yellen’s announcement that the US government could run into limitations as soon as early June.