US bond yields and the dollar hardly moved on Monday after the latest breakdown in talks on raising the country’s debt limit. Although there is only a week before the US reaches its legal overdraft limit, investors evidently still think it will be raised. If they are wrong, the market response could be dramatic. But even if that fate is avoided, the dangerous double debate will continue.
围绕提高美国债务上限的谈判再次破裂后，周一美国国债收益率和美元几乎没怎么波动。距离美国达到法定透支上限只有一周时间，但投资者显然仍认为美国将提高债务上限。假如事与愿违，市场的反应可能是戏剧性的。但即使这种命运得以避免，危险的双重辩论也将继续。
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