Jes Staley of BlueMountain Capital expects a last-minute solution to the debt ceiling because a default would be “calamitous” while speaking with David Reilly at the Heard on the Street Conference. See our prior coverage here.
![Jes Staley of Blue Mountain on Credit Markets, Default [VIDEO]](https://www.valuewalk.com/wp-content/uploads/2021/07/clost.png "Jes Staley of Blue Mountain on Credit Markets, Default [VIDEO]")
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