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Thursday, April 25, 2024

The probability of a catastrophic US debt default has more than tripled since the start of the year, MSCI says

The chances of a catastrophic US debt default have more than tripled since the start of the year, according to a recent note from MSCI. The US debt ceiling was hit in mid-January and since then the US Treasury has been taking extraordinary measures to avoid a default and keep the government funded …

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