BAC · News · 20261106N

U.S. Debt Ceiling Outlook

BANK OF AMERICA CORP /DE/ · 2026-11-06 · Importance 8 · Surprise 24

Bank of America strategists, alongside Barclays and Morgan Stanley, said updated U.S. Treasury financing estimates and a higher cash balance could bring the debt ceiling date forward to mid-to-late February. They expect extraordinary measures to be needed before a funding crunch in late 2027. This is earlier than Bank of America’s prior estimate that the limit would be reached around May.

Key facts

• Strategists at Bank of America, Barclays and Morgan Stanley said Treasury financing estimates and a higher cash balance would move the date the U.S. reaches the debt ceiling to mid- to late-February; Bank of America had earlier expected the limit to be reached around May. source