View From the Trade Floor
As the debt ceiling issue plays out in the coming months, this is one of many factors that could create episodes of market volatility, which investors should consider as they allocate capital in 2023.
MORE ON U.S. DEBT CEILING
We believe Congress will reach an agreement before the debt limit is reached, but markets could face turbulence later this year.
Liquidity tiering may provide an attractive alternative as SEC proposals curtail capabilities of money market funds