Signs of stress are building as the deadline for lawmakers to act on the debt ceiling approaches, and negotiations are strained.
Market indicators this week suggest rising fear about the possibility of the Treasury missing payments after Treasury Secretary Janet Yellen said Monday that the U.S. may be unable to pay its obligations as soon as June 1.
The date, less than a month away, upped the urgency for a solution.
“Now that we’re potentially within a month of hitting the debt limit,…