What Could “Irreparable Harm” Look Like if Lawmakers Fail to Extend or Suspend the Debt Ceiling Limit?

08/12/2021
  • When lawmakers took the U.S. to the brink during the 2011 fiscal policymaking process, there were real negative financial consequences. There could be similar consequences if lawmakers follow a similar pattern in 2021. Unfortunately, this could be the best-case scenario based on where negotiations are today.
  • More severe financial consequences could occur if lawmakers allow a brief default, even if it is quickly cured.
  • There could be even more severe negative financial consequences–lasting a generation or more–if lawmakers allow an extended stalemate. We include details related to different scenarios below.

 

Download the full article

Read more Municipal Commentary 

Learn More From HilltopSecurities

April Prices Run Hot

Future Inflation Likely to be Much Warmer, but January Prices are Still Cool

logo
Thank you for visiting the HTS Commodities website. For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.