INSIGHTS: U.S. passes debt ceiling

The U.S. Government breached their debt ceiling of $31.4tn on 19th January 2023 and is currently sitting on $31.6tn. With no consensus and a rapidly approaching June deadline, the debt ceiling issue continues to rage on in the US, causing an intolerable counterparty risk with the possibility of a credit downgrade on the US and higher debt costs, encouraging short bonds, long cash.

Alex Hutchinson and Chris Tipper discuss, in today's episode of Gold Silver Standard Insights.

Read the full news post here.