Yellen says will suspend sale of state and local gov't securities at noon on July 30
The usual theatrics around the debt ceiling
Spoiler: They'll extend the debt ceiling limit before August 1, like they always do. The US isn't going to default. We'll do this same some and dance the next time it comes up and it will have the same result.
Update: The real drop-dead date for the ceiling is in late August as they have a series of cash management options at their disposal.