Debt ceiling talks continue with potential consequences for US economy.

Deutsche Bank analysts estimate there is just a 2% chance of the US government defaulting on its loans, despite stalled negotiations over the debt ceiling. The analysts predict a 45% chance of lawmakers reaching a resolution before the Treasury runs out of cash on June 1, and an equal chance of an agreement being reached to extend the debt ceiling through September. The least likely outcome is a default, which would have severe economic consequences and impact economies around the world.