Debt Deal Optimism Boosts US and Asian Markets.
TL;DR
Speaker of the House Kevin McCarthy is confident that the debt deal he announced with President Joe Biden will pass through Congress, reducing the risk of a default. However, it remains to be seen if the stock market will experience a rally as a result.
- Expecting a Debt Deal Stock Market Rally? Watch This Space. Barron's
- Market Has Many Questions After Debt Ceiling Deal RealMoney
- US markets jump on high hopes of debt ceiling lift off Reuters
- Asian stocks mostly higher as US debt deal revives confidence ZAWYA
- Treasury Bills Climb as Traders Back Congress to Pass Debt Deal Bloomberg
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