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So when will it become a problem? A debt crisis could occur if U.S. debt levels rise to an unsustainable level. Various institutions have attempted to assess this threshold, with the Fortunately, JPMorgan late on Friday published a fantastic Q&A that explores most of the technical issues surrounding a possible US default. While the bank’s The U.S. debt ceiling could become a problem as soon as next month, according to JPMorgan. A technical default on U.S. Treasury bonds was considered a “non The U.S. debt ceiling could become a problem as soon as next month, according to JPMorgan. A technical JPMorgan expects the U.S. debt ceiling to become an issue as early as next month with the Wall Street bank ascribing a non-trivial risk of a technical default on U.S. LONDON (Reuters) - JPMorgan (NYSE: JPM) expects the U.S. debt ceiling to become an issue as early as next month with the Wall Street bank ascribing a non-trivial However, JP Morgan says that it expects both the debate over the debt ceiling as well as the one on federal funding to run dangerously close to their final deadlines. While the debt ceiling has been suspended until January 2025, the budget for the new fiscal year has to be approved by September 30 (in less than two months). With the

JP Morgan Expects US Debt Ceiling to Become an Issue Next Month

JPMorgan expects the U.S. debt ceiling to become an issue as early as next month, triggering renewed concerns about potential economic instability. The Wall Street bank ascribes a non-trivial risk of a technical default on U.S. Treasury bonds, a situation that could have significant ramifications for the global economy. LONDON (Reuters) - JPMorgan (NYSE: JPM) expects the U.S. debt ceiling to become an issue as early as next month with the Wall Street bank ascribing a non-trivial risk.

The U.S. debt ceiling could become a problem as soon as next month, according to JPMorgan. A technical default on U.S. Treasury bonds was considered a “non-trivial risk.” This warning comes as the deadline for crucial budget decisions approaches. While the debt ceiling has been suspended until January 2025, the budget for the new fiscal year has to be approved by September 30 (in less than two months). With the deadline looming, potential gridlock could exacerbate the debt ceiling issue.

However, JP Morgan says that it expects both the debate over the debt ceiling as well as the one on federal funding to run dangerously close to their final deadlines.

The Looming Debt Crisis: When Will it Become a Problem?

So when will it become a problem? A debt crisis could occur if U.S. debt levels rise to an unsustainable level. Various institutions have attempted to assess this threshold, with the potential for serious economic consequences.

JPMorgan's Deep Dive into the Debt Ceiling

Fortunately, JPMorgan late on Friday published a fantastic Q&A that explores most of the technical issues surrounding a possible US default. While the bank’s analysis doesn't predict a certainty of default, it highlights the potential vulnerabilities and complexities involved.

The U.S. debt ceiling could become a problem as soon as next month, according to JPMorgan. A technical JPMorgan expects the U.S. debt ceiling to become an issue as early as next month with the Wall Street bank ascribing a non-trivial risk of a technical default on U.S.

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