News > Explainer | A looming US debt ceiling fight is starting to worry investors

Explainer | A looming US debt ceiling fight is starting to worry investors

A debt ceiling fight is looming in the United States yet again, giving investors another worry for markets this year. The United States will likely hit its mandated $31.4 trillion borrowing limit on Thursday, forcing the Treasury to launch extraordinary cash management measures that can likely prevent a debt default until early June. Recurring legislative standoffs over the debt limits this last decade have largely been resolved before they could ripple out into markets.