U.S. Debt Ceiling Deadline Looms

At the end of July the Treasury Department will suspend the sale of bonds, the avenue by which the U.S. finances its debt obligations. Unless an agreement between lawmakers in Congress to raise the statutory debt limit is reached, the federal government may begin defaulting on its financial obligations, and could be forced to shutdown. Presented by ‪@cmegroup‬: https://www.cmegroup.com/openmarkets/... Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube:    / bloomberg   Breaking News on YouTube:    / bloombergquicktakenews   Twitter:   / quicktake   Facebook:   / quicktake   Instagram:   / quicktake