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.