One of the most pressing current events is the potential default of the US government on its payments. This could carry significant implications for global economies worldwide. US bonds are viewed as the gold standard of safe-haven assets, and any failure to make payments could trigger major macroeconomic events. Will the US increase the debt limit by $1.5 trillion or more by June 2, thus ensuring the security of bond payments? The outcome will be reported based on major US news sources following government announcements. The market will resolve to YES if there is an announcement that the debt ceiling is increased by $1.5 trillion or more by June 2, 2023, 19:00 (UTC). If there is no such announcement until June 2, 2023, 19:00 (UTC), or there is an announcement mentioning a lesser increase than $1.5 trillion or other measures taken to avert default, then the market will resolve to NO.

Zeitgeist

Zeitgeist

Will the US Raise the Debt Limit by $1.5 Trillion or More by June 2, 2023, 19:00 (UTC)?

About Market