Relevant:
- Something's Up: Panic Buying of Super-Liquid Treasuries | Wolf Street
- Treasury's Lew: Debt Ceiling Could be Hit in February
- The Global Run On Physical Cash Has Begun: Why It Pays To Panic First
- Unreported Bedlam In Treasuries Signals Massive Panic
- CBO: U.S. Government, Running on Fumes Since March, Could Run Out of Cash by Mid-October
2017-09-01 — zerohedge.com
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Ironically, it was precisely the Harvey disaster that prompted Goldman yesterday to lower its odds of a debt ceiling crisis from 50% to 33%, on the assumption that it would make conseratives more agreeable to a compromise, when in fact precisely the opposite appears to have happened, and the new dynamic is now playing out in the market where the odds of a government shutdown have never been greater.
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