Worries over a looming deadline to lift the U.S. debt ceiling are rippling by the Treasury invoice market, in line with BofA International Analysis.
BofA strategists mentioned in a charges analysis notice Friday that they’ve pulled ahead their estimate of the so-called X-date, when the U.S. authorities dangers hitting its borrowing restrict and technically defaulting on its debt obligations, to August 1. The revised estimate “might slip to late July,” they mentioned, from their beforehand anticipated X-date of mid-to-early August.
“We…