bullish

USD

USD Watch: Markets Vastly Underestimate the Impact on USD Funding from the Debt Ceiling

Steno has highlighted this Insight as a Top Pick
453 Views15 May 2023 15:46
SUMMARY
  • The USD debt ceiling is a returning topic and it's typically not overly important for markets, but this time is likely to be different.
  • He repercussions for USD funding markets may be material and in sharp contrast to consensus expectations the USD may stage the biggest comeback since Lazarus.
  • In this piece we elaborate why you should expect volatility in USD funding rates in coming weeks
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