Markets signal anxiety over possible U.S. default

Investors are starting to worry about the approaching Oct. 17 deadline for avoiding a default on the U.S. debt, after weeks of dismissing the debt-limit standoff in Washington, D.C., as political posturing. The interest rate on the one-month Treasury bill that paid 0.13% on Monday more than doubled to 0.27% on Tuesday. The stock market decline that began when the fiscal deadlock started to take shape in September deepened. The Dow Jones industrial average has fallen nearly 6% since Sept. 18.

View Full Article in:

Washington Post (tiered subscription model), The · Reuters · Financial Times (tiered subscription model) · New York Times (tiered subscription model), The

Published in Briefs: