Wall Street Is Paying Attention To Debt Talks, And It’s Not Pretty

  • The debt ceiling talks have a big impact on Wall Street and your 401k and bond stocks.
  • It appears that stocks will be on hold until President Biden and House Republicans settle on a deal that cuts spending and raises the debt ceiling.
  • CNBC reports that “Treasury yields declined on Monday as investors fretted over debt ceiling deal negotiations and assessed what could be next for Federal Reserve interest rate policy after mixed messages from officials.”
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