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Debt Ceiling Deal Boosts US and Asian Markets.

1 min read
Source: Reuters.com
Debt Ceiling Deal Boosts US and Asian Markets.
Photo: Reuters.com
TL;DR Summary

US markets are expected to open strong on Tuesday following a weekend deal to suspend the $31.4tn US debt ceiling until 2025. The cost of insuring against a US debt default fell and the safe-haven dollar weakened, indicating optimism across markets that a debt ceiling crisis might be averted. While a handful of Republican lawmakers have said they will oppose the agreement, investors appeared to be looking on the bright side.

Topics:business#bonds#debt-ceiling#dollar#finance#optimism#us-markets
Share this article
  1. US markets jump on high hopes of debt ceiling lift off  Reuters.com
  2. Expecting a Debt Deal Stock Market Rally? Watch This Space.  Barron's
  3. The Debt Ceiling Is a 'Sell-the-News' Event | investing.com  Investing.com
  4. Asian stocks mostly higher as US debt deal revives confidence  ZAWYA
  5. Market Has Many Questions After Debt Ceiling Deal  RealMoney

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