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US Debt Ceiling Stand-Off Sparks Market Anxiety.

1 min read
Source: Financial Times
TL;DR

Money market funds are facing risks due to the ongoing stand-off over the US debt ceiling. These funds invest in short-term debt securities, including US Treasury bills, and could face losses if the government defaults on its debt. The Treasury Department has warned that the US could run out of cash by October 18 if the debt ceiling is not raised, which could have significant implications for investors in money market funds.

Topics:businessfinance#finance#investments#money-market-funds#risks#stand-off#us-debt-ceiling
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  1. Money market funds caught up in US debt ceiling stand-off  Financial Times
  2. 'Clock is ticking': Lawmakers return to Washington facing fast-approaching debt limit 'X-date'  ABC News
  3. Markets growing nervous over US default as debt ceiling deadline looms  Markets Insider
  4. What's at stake in the debt ceiling debate  Council on Foreign Relations
  5. 'Manufactured' debt ceiling crisis would damage U.S. economic rebound, key Treasury official says  CNBC

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