A portrait of Sara Devereux
Markets and economy

Vanguard investment leaders on the possibility of a U.S. debt default

In this audiocast, Greg Davis and Sara Devereux discuss the ramifications of a debt default and the precautions we’ve taken.
6 minute listen
May 24, 2023
Markets and economy
Market volatility
Market & economy insights
Fixed income
US treasury bonds

With June right around the corner, the U.S. government defaulting on its debt is a real possibility unless Congress and the White House come to an agreement that will raise the debt limit. 

In this short audiocast, Greg Davis, Vanguard’s chief investment officer, and Sara Devereux, the global head of fixed income, discuss the likelihood of a default, the potential ramifications on the financial markets and the economy, and what precautions Vanguard has taken to mitigate the risk in our portfolios.

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