Treasury: Interest Rates Would Spike If U.S. Defaults

If Congress fails to raise the debt ceiling and the United States government defaults on its obligations, credit markets could freeze, the value of the dollar could plummet and U.S. interest rates could skyrocket.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Treasury-Interest-Rates-Would-Spike-if-US-Defaults-1039224-1.html

Leave a Reply

WP Facebook Auto Publish Powered By : XYZScripts.com
Bunk Beds