All three main indexes on Wall Street ended slightly higher Monday, though the gains were tempered by a pick-up in 10-year Treasury yields, which came as a large amount of US debt hits the market.

Source: https://www.legit.ng/business-economy/economy/1562308-asian-markets-a-breather-fed-rate-pause-rally/

At the moment, the current US debt sits just shy of $33 trillion.

Source: https://nypost.com/2023/09/14/tim-scott-rips-trumps-10-tariff-proposal-lays-out-his-build-dont-borrow-economic-vision/

Biden pulls out of Quad summit: What is the US debt ceiling deal, over which lawmakers are sparring?

Source: https://indianexpress.com/article/explained/explained-global/us-debt-ceiling-crisis-what-is-the-deal-biden-and-mccarthy-have-struck-8633785/

Discussions were partly overshadowed by the US debt ceiling standoff as the world's largest economy faces its first ever default.

Source: https://www.hurriyetdailynews.com/g7-finance-chiefs-move-to-diversify-supply-chains-183114

Due to extraordinary measures and various accounting methods, the 2011 US debt ceiling extension deadline was prolonged to 2 August 2011.

Source: https://www.marketpulse.com/indices/sp-500-ignoring-us-debt-ceiling-standoff-risk/kwong

However, this is not necessarily good news for the stock market, as interest rates are likely to continue to increase due to the unsustainable US debt level.

Source: https://seekingalpha.com/article/4638366-us-government-shutdown-averted-moderate-center-wins-again?source=feed_all_articles

Leading stablecoin issuer Circle has its treasury holdings amid growing concerns over a potential US debt default.

Source: https://247wallst.com/investing/2023/05/11/circle-rebalances-its-treasury-holdings-as-risk-of-us-default-looms/

• None That's due to rising inflation and the growing mountain of US debt, he suggested.

Source: https://biztoc.com/x/054f17a858dcd798?ref=ff

On the US debt ceiling talks, President Biden has truncated an overseas trip (returning on Sunday from Wednesday previously) to participate in further negotiations on raising the debt ceiling.

Source: https://www.forexlive.com/technical-analysis/the-nzd-is-the-strongest-and-the-jpy-is-the-weakest-as-the-north-american-session-begins-20230517/

Over the weekend, US President Biden maintained his “optimistic” stance that Democrats and Republicans would be able to reach an agreement to raise the US debt limit and avoid a default.

Source: https://www.marketpulse.com/fundamental/stocks-boosted-on-premature-debt-ceiling-deal-hope/emoya

Past US debt ceiling fights have typically ended with a hastily arranged agreement in the final hours of negotiations, avoiding an unprecedented default.

Source: https://www.channelnewsasia.com/business/us-debt-standoff-g7-finance-leaders-meeting-3480796?cid=cna_flip_070214

The recent developments, such as US debt ceiling negotiations and the Federal Reserve interest rate decision have further dented investors’ sentiment.

Source: https://www.financialexpress.com/market/cafeinvest/banking-real-estate-infra-stocks-likely-to-perform-well-this-year-it-may-be-under-pressure-siddharth-oberoi/3102516/

US debt has more than doubled in the past 30 years and is expected to also double in the next three decades.

Source: https://www.euronews.com/2023/09/27/explainer-what-happens-if-the-us-government-shuts-down-in-a-few-days

US stock futures advanced as appetite for risk taking returned to global markets following the deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling.

Source: https://biztoc.com/x/8f2175cb5d12a8bb?ref=ff

What's in US debt ceiling deal and who won?

Source: https://www.bbc.co.uk/news/world-us-canada-65744615?at_medium=RSS&at_campaign=KARANGA