Market outlooks

Impending US default puts markets on edge

Ivo Arnold, Erasmus University

US politicians will have to raise the debt ceiling again on 15 December to avert the first ever default on US obligations. A so-called “default” puts at risk payment obligations such as interest on debt. Investors are getting very nervous about this. 

Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.

A subscription is free for professionals working at banks and independent asset managers.