Estimate the US government could fund itself through to mid-January in absence of debt ceiling agreement

Last week US Treasury Secretary Yellen nominated December 15 as the drop-dead date.

• the Treasury would lack sufficient resources and risk default after Dec. 15 after making a $118 billion transfer to the Highway Trust Fund.

However, research firm Wrightson ICAP said in a note to clients that based on the Treasury's debt issuance plans, the department should be able to go well past that deadline.

• could be able to fund government operations into the first half of January without a debt ceiling increase

Info comes via Reuters.