In this installment of Bonding Time featuring Tom Kozlik of HilltopSecurities, we discuss the ongoing infrastructure deliberations in Congress and likely next steps for the bipartisan bill as well as the budget reconciliation package that will potentially provide an additional $3.5 trillion in infrastructure spending.
We also take a look at the debt ceiling and the recent extraordinary measures implemented by Secretary Yellen halting the sale of SLGS and the potential credit ramifications of default.
Bond Dealers of America
rcrodriguez
August 18, 2021