Breakingviews on Twitter
Search League Tables

Thursday, 30 October 2014

Prioritizing U.S. debt could stamp out market risk

Setting priorities

Drama over the cap on Uncle Sam’s borrowing power rattled investors back in 2011. A new proposal would force Treasury to pay bondholders before contractors and seniors. If the debt limit can’t just be scrapped, at least markets could be spared some of Washington’s dysfunction.



This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)