The Tell: How debt-ceiling worries could play out in risky corporate bond market, according to CreditSights

The longer the debt-ceiling debate goes unresolved, the more pressure that risks building in credit markets. 

“Congress and President Biden have only a handful of scheduled days in session to come to an agreement to raise or suspend the debt limit,” CreditSights analysts led by global head of strategy Winnie Cisar said in a note Tuesday.  President Biden met with lawmakers on Tuesday to discuss the debt ceiling.

The…