“The United States of America is never going to default, that is never going to happen,” said US Treasury Secretary Scott Bessent on June 1. History suggests that, when it comes to defaults, ...

NEW YORK (Reuters) -Spreads on U.S. government credit default swaps, market-based gauges of the risk of a sovereign default, have ticked higher amid market concerns over the U.S. government shutdown.

A U.S. default would likely spur volatility in the Treasury and Treasury ETF markets, experts say. However, it likely wouldn’t cause a value crash for a cornerstone of the global financial system. To ...

The nonpartisan Congressional Budget Office (CBO) on Wednesday released a projection that the U.S. government will need to raise the debt limit before this fall to avoid a potential default on the ...

NEW YORK (Reuters) -Citadel's founder and CEO Ken Griffin said on Thursday it is "unfathomable" that a financial instrument to protect against an eventual U.S. default is being priced at levels close ...

LONDON, Jul (Reuters) - Not for the first time, asset managers may be playing a high-risk game as they face the threat of a U.S. debt default without concrete contingency plans. It highlights the ...

The loan default rate by amount rose to 1.44% in March, from 1.38% in February, driven higher by a trio of repeat defaulters who were unable to stay afloat following prior restructurings and have now ...

LONDON, Jul (Reuters) - Not for the first time, asset managers may be playing a high-risk game as they face the threat of a U.S. debt default without concrete contingency plans. It highlights the ...