Debt Ceiling Doubts Skyrocket; Everything Sold || June 1st T-Bill Yields Exploded Above 7%

• Debt Ceiling Doubts Skyrocket; Everything Sold
  by Tyler Durden, https://www.zerohedge.com/
  Ugly inflation data in the UK was shrugged off by BoE officials (who likely don’t suffer from the cost of living crisis), but overall, today was thin on economic data and fat on economic crisis potential as markets woke up to the reality that the idiots in Washington are going to take this down to the line (or even just maybe cross it).
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  June 1st T-Bill yields exploded above 7% today, …sending the spread to 5/30 bills to a mind-blowing record high… That’s a 430bps yield premium for 2 days (theoretically) more maturity. USA CDS spiked back near record highs again…
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