If the U.S. defaults on its debt, the government would fail to meet its financial obligations to bondholders. This would ...

The debt caps how much money the Treasury can owe to pay the country’s bills.

WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...

Congress and the White House barrel toward a June 1 deadline to resolve a debate over the debt ceiling, putting the credit and trust of the United States on the line. The Congressional Budget Office ...

The deadline to raise the federal government’s debt ceiling is approaching fast, and concerns are showing up at the short end of the yield curve, the line that traces yields across maturities. The ...