Perspectives : Markets & Economy | June 01, 2023

The debt ceiling: What history tells us

Read time: 2 minutes

As the debt ceiling debate continues on Capitol Hill, we look back on what’s happened in the past when we came close to defaulting on the nation’s debts.
This 2-minute video gives a historical perspective on increases in the U.S. debt limit and how the financial markets reacted the last three times we’ve come close to the deadline. The market reactions were inconsistent across time and asset classes, highlighting the difficulty of trying to time the market. 

The debt ceiling: What history tells us

Video Length: 1:44


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