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Corporate Bond Liquidity 'Has Never Been Better' – Goldman's Jonny Fine
Relief Rally or Calm Before the Storm? SA Analysts Weigh in on Tariffs
Bescent warns that the USA is at a "warning line" for debt, but still insists it will not fall into default.
① The U.S. Treasury Secretary Bentsen warned again on Tuesday in response to questions from the House of Representatives that the U.S. Treasury is at the "red line," close to exhausting its ability to stay within the federal debt ceiling; ② However, Bentsen assured once again that the U.S. government would never default on its debt and promised that the Treasury would not use "tricks" to circumvent the debt ceiling.
Daily Roundup of Key US Economic Data for May 6
Treasury Yields Hold Steady as Investors Await Fed's Policy Meeting
Gilt Yields Rise, Tracking Moves in Treasurys Ahead of Fed Decision -- Market Talk