US bond yields and the dollar hardly moved on Monday after the latest breakdown in talks on raising the country’s debt limit. Although there is only a week before the US reaches its legal overdraft limit, investors evidently still think it will be raised. If they are wrong, the market response could be dramatic. But even if that fate is avoided, the dangerous double debate will continue.
圍繞提高美國債務上限的談判再次破裂后，周一美國國債收益率和美元幾乎沒怎么波動。距離美國達到法定透支上限只有一周時間，但投資者顯然仍認為美國將提高債務上限。假如事與愿違，市場的反應可能是戲劇性的。但即使這種命運得以避免，危險的雙重辯論也將繼續。
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