Taken care Fed rate hike via debt ceiling limit for a long time. Fed would be none wiser to exacerbate ! Made no mistake . If the U.S. fails to raise or suspend the debt limit, it would eventually have to temporarily default on some of its obligations, which could have serious, negative economic implications. Interest rates would likely spike and demand for Treasuries would drop; even the threat of default can cause borrowing costs to increase, according to the Committee for a Responsible Federal Budget. $Baidu(BIDU)$ $Alibaba(BABA)$
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