Morning Bid: Not so fast, debt ceiling bulls! reut.rs/41WGqYu (https://reut.rs/41WGqYu)
https://nitter.moomoo.me/Reuters/status/1660560053366136833#m
OPEC sec general says underinvestment could trigger oil market volatility reut.rs/3MNZgwy (https://reut.rs/3MNZgwy)
https://nitter.moomoo.me/Reuters/status/1660558741928923136#m
**Response to @Reuters:**
Less than two weeks remain until June 1, when the Treasury Department has warned that the federal government might not be able to pay all its debts.
See what scenarios are being considered 👇 reut.rs/3OvQYdT (https://reut.rs/3OvQYdT) 6/6
https://nitter.moomoo.me/Reuters/status/1660555558301184001#m
**Response to @Reuters:**
What would happen if the US defaulted?
Even a short breach of the debt limit could lead to a spike in interest rates, a plunge in equity prices, and covenant breaches in loan documentation and leverage agreements 3/6
https://nitter.moomoo.me/Reuters/status/1660555553335132164#m
**Response to @Reuters:**
This includes planning how payments on Treasury securities would be handled; how critical funding markets would react; ensuring sufficient technology, staffing capacity and cash to handle high trading volumes 5/6
https://nitter.moomoo.me/Reuters/status/1660555556648636416#m
**Response to @Reuters:**
How are institutions preparing?
Banks, brokers and trading platforms are prepping for disruption to the Treasury market, as well as broader volatility 4/6
https://nitter.moomoo.me/Reuters/status/1660555555109208064#m
**Response to @Reuters:**
The financial industry has prepared for such a crisis before, most recently in September 2021. But this time, the relatively short time frame for reaching a compromise has bankers on edge, a senior industry official said 2/6
https://nitter.moomoo.me/Reuters/status/1660555551896399874#m
As talks over raising the US government's $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers have been preparing for the fallout from a potential default reut.rs/3OvQYdT (https://reut.rs/3OvQYdT) 1/6
https://nitter.moomoo.me/Reuters/status/1660555550176821248#m
How Wall Street is preparing for possible US debt default reut.rs/41RHsoA (https://reut.rs/41RHsoA)
https://nitter.moomoo.me/Reuters/status/1660555115894390784#m
MLB roundup: Surging Cardinals down Dodgers for fourth straight series win reut.rs/41Zl8JV (https://reut.rs/41Zl8JV)
https://nitter.moomoo.me/Reuters/status/1660546381512163328#m
Indian shares recover from weak start on buying at key levels reut.rs/3MOL4DI (https://reut.rs/3MOL4DI)
https://nitter.moomoo.me/Reuters/status/1660545113402097666#m
Europe's business jet industry aims for green rebrand reut.rs/3Wp6bzn (https://reut.rs/3Wp6bzn)
https://nitter.moomoo.me/Reuters/status/1660543836295184385#m
Blinken, Modi meet Pacific leaders in Papua New Guinea reut.rs/3IAPziv (https://reut.rs/3IAPziv)
https://nitter.moomoo.me/Reuters/status/1660542538669752320#m
State-backed Chinese mouthpiece Global Times called the G7 an 'anti-China workshop' after Beijing summoned Japan's envoy and berated Britain in a fiery response to statements issued at the weekend G7 summit in Hiroshima reut.rs/3MION5v (https://reut.rs/3MION5v)
https://nitter.moomoo.me/Reuters/status/1660542500438720512#m
India's Prime Minister Narendra Modi pledged support for the Pacific Islands at a summit in Papua New Guinea, with the US Secretary of State scheduled to also meet Pacific leaders and sign a defense agreement with Papua New Guinea reut.rs/43goM2P (https://reut.rs/43goM2P)
https://nitter.moomoo.me/Reuters/status/1660542272662904834#m
A move by Beijing to bar US firm Micron Technology from selling memory chips to key domestic industries has ramped up tensions in an ongoing trade spat with Washington and lifted shares of firms that could benefit from the move reut.rs/3OqC9tf (https://reut.rs/3OqC9tf)
https://nitter.moomoo.me/Reuters/status/1660542022657114112#m
China's cyberspace regulator said that products made by US memory chipmaker Micron Technology had failed its network security review and it would bar operators of key infrastructure from buying from the company reut.rs/3MqJVk7 (https://reut.rs/3MqJVk7)
https://nitter.moomoo.me/Reuters/status/1660541758969729025#m
Nvidia chips away at Intel, AMD turf in supercomputers reut.rs/4263R1K (https://reut.rs/4263R1K)
https://nitter.moomoo.me/Reuters/status/1660536391296589826#m
Column: Lithium slump puts China's spot price under the spotlight reut.rs/3IvYQZl (https://reut.rs/3IvYQZl)
https://nitter.moomoo.me/Reuters/status/1660535132736847873#m
Ryanair posted a near record profit of $1.57 billion in the year to end-March and said it was cautiously optimistic that profits would rise modestly in the next 12 months, with summer demand notably robust reut.rs/3WpcAdU (https://reut.rs/3WpcAdU)
https://nitter.moomoo.me/Reuters/status/1660535019700379654#m