Let the debt ceiling games begin (again): Treasury suspends some sales to avoid debt ceiling

[c1ue]

http://www.marketwatch.com/story/tre...32?siteid=bnbh

The Treasury Department on Friday will suspend sales of state and local government Treasury securities until further notice, the first action to avoid hitting the U.S. debt ceiling. The debt ceiling is expected to be reached on May 18, but the Treasury had been expected to take steps like this one in order to keep paying bills. Treasury Secretary Jacob Lew said last week that the U.S. will be able to avoid the debt limit until Labor Day. The Congressional Budget Office said Tuesday that the deadline could be as late as November.

[lektrode]

Re: Let the debt ceiling games begin (again): Treasury suspends some sales to avoid debt ceiling

treasury-to-suspend-state-local-securities-sales

and 2/10 year notes go..... UP?
what - same as the supply of houses available 'getting scarce' - there wont be enuf t-bills ???

interesting set of headlines over at the bullhorn today/afternoon:

Stocks Head South

Inflation Gauge Barely Nudges

S&P Cuts Rating on Berkshire Hathaway

is this the start of S - E - double L season????