Debt Deal Starts to Take Shape

Debt deal takes shape to raise limit. Biden administration insists that there won’t be a debt default. But the market is still watching the US government’s spending in the next three years and having concerns about whether the US government will run out of cash again.

债务议题取得初步共识，拜登政府强调不会让债务违约。但市场仍在关注美国政府未来3年的支出，担心美国政府是否会再次耗尽现金。