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House Speaker McCarthy: "No Deal", Negotiations Delayed an Hour

US TSYS
  • Speaking with reporters, House Speaker McCarthy said "WE DON'T HAVE A DEAL .. but "DECISIONS HAVE TO START BEING MADE" on meeting with President Biden. Bbg reports this afternoon's meeting between the two has been pushed back to 1730ET.
  • Treasury 10Y futures climb to 113-18.5 but slip back to 113-16 (-2); stocks pared modest gains but rebound, SPX Eminis back to 4209.25 +4.5.

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