*BIDEN SOUNDS HOPEFUL ON DEBT CEILING, TREASURY WARNS OF JUNE 5 DEFAULT 🇺🇸🇺🇸
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Biden sounds hopeful on debt ceiling, Treasury warns of June 5 defaultDemocratic President Joe Biden and a Republican negotiator said on Friday they were working on a deal to raise the U.S. government's $31.4 trillion debt ceiling after the Treasury Department warned that a June 5 default loomed without action.
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U.S. Treasury debt announcement signals to some June 1 is not 'X-date'The U.S. Treasury on Thursday announced a slate of T-bill auctions for early next week that some market participants see as an indication that the debt ceiling's so-called 'X-date' may not in fact be June 1.
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Yields on June Treasury bills rise to 7%, signaling investor fear over debt ceilingThe standoff over the debt ceiling is raising the prospect of default and sending yields on certain Treasury bills soaring. Yields on securities maturing in early June soared on Thursday, with at-risk bills maturing on June 6 featuring yields above 7%.
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Default on debt isn't June 1 and Treasury isn't 'credible': GOP Rep. Byron DonaldsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
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U.S. will default on June 5 if debt limit not raised, Treasury saysBreaking news: The U.S. government will run out of money to meet all its payment obligations on June 5 if Congress does not raise the debt ceiling, according to a letter Treasury Secretary Janet L. Yellen sent to lawmakers on Friday.
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