{"id":2450,"date":"2017-07-28T14:43:35","date_gmt":"2017-07-28T14:43:35","guid":{"rendered":"https:\/\/www.bondvigilantes.com\/francais\/?p=2450"},"modified":"2017-08-30T14:36:00","modified_gmt":"2017-08-30T14:36:00","slug":"debt-ceiling-tremors-in-the-treasury-market","status":"publish","type":"post","link":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/","title":{"rendered":"La question du plafond de la dette \u00e9branle le march\u00e9 des emprunts d&rsquo;\u00c9tat am\u00e9ricains"},"content":{"rendered":"<p>Les \u00c9tats-Unis se rapprochent \u00e0 grand pas du seuil maximum d\u2019endettement, un plafond que le Congr\u00e8s approuve g\u00e9n\u00e9ralement sans d\u00e9bat. Le plafond de la dette a \u00e9t\u00e9 relev\u00e9 de mani\u00e8re syst\u00e9matique par le pass\u00e9, traduisant le fait que son niveau n\u2019affecte pas le montant des d\u00e9penses mais garantit seulement la facult\u00e9 des \u00c9tats-Unis \u00e0 payer les d\u00e9penses vis-\u00e0-vis desquelles le pays s\u2019est engag\u00e9, que ce soit par le biais de recettes fiscales ou par l\u2019emprunt. Il s\u2019agit de s\u2019assurer que les \u00c9tats-Unis sont en mesure de payer leurs factures.<\/p>\n<p>Justement, selon la plupart des estimations, d\u2019ici environ trois mois la dette des \u00c9tats-Unis va une nouvelle fois atteindre son plafond. Au cas o\u00f9 le Congr\u00e8s ne rel\u00e8verait pas la limite l\u00e9gale, le Tr\u00e9sor am\u00e9ricain serait alors conduit \u00e0 faire d\u00e9faut sur sa dette obligataire ou \u00e0 r\u00e9duire imm\u00e9diatement les paiements \u00e0 destination des programmes publics ou des fonctionnaires (ce que l\u2019on appelle la fermeture partielle de l&rsquo;\u00c9tat f\u00e9d\u00e9ral \u2013 \u00ab\u00a0shutdown\u00a0\u00bb). Au cours de l\u2019\u00e9t\u00e9 2011, les R\u00e9publicains ont exig\u00e9 des coupes budg\u00e9taires et l\u2019arr\u00eat des hausses d\u2019imp\u00f4t en contrepartie du rel\u00e8vement du plafond de la dette. Les D\u00e9mocrates souhaitaient pour leur part financer la hausse des d\u00e9penses par une augmentation de la pression fiscale, si bien que le Congr\u00e8s n\u2019a pu trouver de terrain d\u2019entente sur la question.<\/p>\n<p>Les \u00c9tats-Unis sont alors entr\u00e9s dans une p\u00e9riode de suspension des \u00e9missions de dette en mai et se seraient retrouv\u00e9s \u00e0 court de financement le 2 ao\u00fbt 2011, auquel cas l\u2019alternative eut \u00e9t\u00e9 soit un d\u00e9faut du Tr\u00e9sor am\u00e9ricain, soit l\u2019obligation de r\u00e9aliser du jour au lendemain des coupes drastiques dans les d\u00e9penses des fonctionnaires, avec \u00e0 la cl\u00e9 une baisse des financements destin\u00e9s aux programmes et aux fonctionnaires ayant des effets d\u00e9sastreux \u00e9vidents sur la demande globale. Le plafond de la dette a \u00e9t\u00e9 adopt\u00e9 \u00e0 la derni\u00e8re minute par les deux chambres le 1<sup>er<\/sup> ao\u00fbt, et le d\u00e9faut de paiement a ainsi \u00e9t\u00e9 \u00e9vit\u00e9.<\/p>\n<p>Au regard du peu de progr\u00e8s apparemment accompli jusqu\u2019\u00e0 pr\u00e9sent par l\u2019administration actuelle, on pourrait avoir des raisons de penser \u00ab\u00a0Et \u00e7a recommence\u00a0\u00bb. Le graphique ci-dessous montre que, au cours des derni\u00e8res s\u00e9ances, le co\u00fbt du march\u00e9 mon\u00e9taire \u00e0 trois mois a d\u00e9pass\u00e9 celui \u00e0 six mois. La courbe s\u2019est donc invers\u00e9e pour la premi\u00e8re fois depuis longtemps. Le march\u00e9 obligataire commence \u00e0 s\u2019inqui\u00e9ter de l\u2019\u00e9ventualit\u00e9 d\u2019une nouvelle fermeture partielle et temporaire.<\/p>\n<p><a href=\"https:\/\/bondvigilantes.com\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling1.png\" data-rel=\"lightbox-gallery-1T7HUjNs\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2459\" src=\"https:\/\/bondvigilantes.com\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling1.png\" alt=\"\" width=\"960\" height=\"720\" srcset=\"https:\/\/bondvigilantes.com\/francais\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling1.png 960w, https:\/\/bondvigilantes.com\/francais\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling1-300x225.png 300w, https:\/\/bondvigilantes.com\/francais\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling1-768x576.png 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<p>Comment les investisseurs, pr\u00e9occup\u00e9s par un non-rel\u00e8vement du plafond de la dette et la possibilit\u00e9 que l\u2019administration am\u00e9ricaine se trouve dans l\u2019incapacit\u00e9 d\u2019honorer ses cr\u00e9ances, doivent-ils r\u00e9agir\u00a0? Il semblerait logique de vendre les bons du Tr\u00e9sor, toutefois, il est important de ne pas oublier que pendant la p\u00e9riode de suspension, entre avril et ao\u00fbt 2011, les rendements des bons du Tr\u00e9sor ont en fait recul\u00e9. Entre fin juin et d\u00e9but juillet, les craintes d\u2019un risque de d\u00e9faut se sont accentu\u00e9es et les rendements ont augment\u00e9 de quelque 40 points de base (une baisse de pr\u00e8s de 4 points de l\u2019emprunt d&rsquo;\u00c9tat \u00e0 10 ans). Ce mouvement s\u2019est toutefois rapidement invers\u00e9 car les inqui\u00e9tudes li\u00e9es \u00e0 un d\u00e9faut des \u00c9tats-Unis ont suscit\u00e9 une forte aversion pour le risque sur les march\u00e9s internationaux et les rendements des bons du Tr\u00e9sor ont continu\u00e9 de chuter. Une fermeture partielle ne peut cependant \u00eatre consid\u00e9r\u00e9e comme une issue positive pour l\u2019\u00e9conomie am\u00e9ricaine : en effet, s\u2019il est mis fin aux programmes sociaux et si les employ\u00e9s ne sont pas pay\u00e9s, nous assisterons alors \u00e0 une augmentation du ch\u00f4mage, une diminution des salaires et une baisse de la demande globale, ce qui dissipera les craintes de surchauffe de l\u2019\u00e9conomie am\u00e9ricaine et les anticipations de nouvelles hausses des taux d&rsquo;int\u00e9r\u00eat. Le probl\u00e8me est donc de taille ! N\u00e9anmoins, l\u2019orientation des rendements des bons du Tr\u00e9sor et, \u00e0 travers eux, celle les rendements obligataires, est tr\u00e8s incertaine et m\u00eame paradoxale. La prudence est de mise.<\/p>\n<p><a href=\"https:\/\/bondvigilantes.com\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling2.png\" data-rel=\"lightbox-gallery-1T7HUjNs\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2460\" src=\"https:\/\/bondvigilantes.com\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling2.png\" alt=\"\" width=\"960\" height=\"720\" srcset=\"https:\/\/bondvigilantes.com\/francais\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling2.png 960w, https:\/\/bondvigilantes.com\/francais\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling2-300x225.png 300w, https:\/\/bondvigilantes.com\/francais\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling2-768x576.png 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Les \u00c9tats-Unis se rapprochent \u00e0 grand pas du seuil maximum d\u2019endettement, un plafond que le Congr\u00e8s approuve g\u00e9n\u00e9ralement sans d\u00e9bat. Le plafond de la dette a \u00e9t\u00e9 relev\u00e9 de mani\u00e8re syst\u00e9matique par le pass\u00e9, traduisant le fait que son niveau n\u2019affecte pas le montant des d\u00e9penses mais garantit seulement la facult\u00e9 des \u00c9tats-Unis \u00e0 payer les d\u00e9penses vis-\u00e0-vis desquelles le pays s\u2019est engag\u00e9, que ce soit par le biais de recettes fiscales ou par l\u2019emprunt. Il s\u2019agit de s\u2019assurer que les \u00c9tats-Unis sont en mesure&#8230;<\/p>\n","protected":false},"author":7,"featured_media":2459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[72],"tags":[202],"class_list":["post-2450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etats-unis","tag-plafond-de-la-dette"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>La question du plafond de la dette \u00e9branle le march\u00e9 des emprunts d&#039;\u00c9tat am\u00e9ricains - Francais<\/title>\n<meta name=\"description\" content=\"Les \u00c9tats-Unis se rapprochent \u00e0 grand pas du seuil maximum d\u2019endettement, un plafond que le Congr\u00e8s approuve g\u00e9n\u00e9ralement sans d\u00e9bat. Le plafond de la\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ben Lord\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/\"},\"author\":{\"name\":\"Ben Lord\",\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/#\\\/schema\\\/person\\\/c4eecb682f956ed5d137f38e9a3137c1\"},\"headline\":\"La question du plafond de la dette \u00e9branle le march\u00e9 des emprunts d&rsquo;\u00c9tat am\u00e9ricains\",\"datePublished\":\"2017-07-28T14:43:35+00:00\",\"dateModified\":\"2017-08-30T14:36:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/\"},\"wordCount\":750,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2021\\\/12\\\/debt-ceiling1.png\",\"keywords\":[\"plafond de la dette\"],\"articleSection\":[\"\u00c9tats-Unis\"],\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/\",\"url\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/\",\"name\":\"La question du plafond de la dette \u00e9branle le march\u00e9 des emprunts d'\u00c9tat am\u00e9ricains - Francais\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2021\\\/12\\\/debt-ceiling1.png\",\"datePublished\":\"2017-07-28T14:43:35+00:00\",\"dateModified\":\"2017-08-30T14:36:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/#\\\/schema\\\/person\\\/c4eecb682f956ed5d137f38e9a3137c1\"},\"description\":\"Les \u00c9tats-Unis se rapprochent \u00e0 grand pas du seuil maximum d\u2019endettement, un plafond que le Congr\u00e8s approuve g\u00e9n\u00e9ralement sans d\u00e9bat. Le plafond de la\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/#primaryimage\",\"url\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2021\\\/12\\\/debt-ceiling1.png\",\"contentUrl\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2021\\\/12\\\/debt-ceiling1.png\",\"width\":960,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/2017\\\/07\\\/debt-ceiling-tremors-in-the-treasury-market\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"La question du plafond de la dette \u00e9branle le march\u00e9 des emprunts d&#8217;\u00c9tat am\u00e9ricains\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/#website\",\"url\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/\",\"name\":\"Francais\",\"description\":\"M&amp;G\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/#\\\/schema\\\/person\\\/c4eecb682f956ed5d137f38e9a3137c1\",\"name\":\"Ben Lord\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ae49b7b375d8db374c66cb0562a292304e64de9f1a05bb7c893c987f4f154110?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ae49b7b375d8db374c66cb0562a292304e64de9f1a05bb7c893c987f4f154110?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ae49b7b375d8db374c66cb0562a292304e64de9f1a05bb7c893c987f4f154110?s=96&d=mm&r=g\",\"caption\":\"Ben Lord\"},\"url\":\"https:\\\/\\\/bondvigilantes.com\\\/francais\\\/author\\\/benlord\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"La question du plafond de la dette \u00e9branle le march\u00e9 des emprunts d'\u00c9tat am\u00e9ricains - Francais","description":"Les \u00c9tats-Unis se rapprochent \u00e0 grand pas du seuil maximum d\u2019endettement, un plafond que le Congr\u00e8s approuve g\u00e9n\u00e9ralement sans d\u00e9bat. Le plafond de la","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/","twitter_misc":{"Written by":"Ben Lord","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/#article","isPartOf":{"@id":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/"},"author":{"name":"Ben Lord","@id":"https:\/\/bondvigilantes.com\/francais\/#\/schema\/person\/c4eecb682f956ed5d137f38e9a3137c1"},"headline":"La question du plafond de la dette \u00e9branle le march\u00e9 des emprunts d&rsquo;\u00c9tat am\u00e9ricains","datePublished":"2017-07-28T14:43:35+00:00","dateModified":"2017-08-30T14:36:00+00:00","mainEntityOfPage":{"@id":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/"},"wordCount":750,"commentCount":0,"image":{"@id":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/#primaryimage"},"thumbnailUrl":"https:\/\/bondvigilantes.com\/francais\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling1.png","keywords":["plafond de la dette"],"articleSection":["\u00c9tats-Unis"],"inLanguage":"fr-FR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/","url":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/","name":"La question du plafond de la dette \u00e9branle le march\u00e9 des emprunts d'\u00c9tat am\u00e9ricains - Francais","isPartOf":{"@id":"https:\/\/bondvigilantes.com\/francais\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/#primaryimage"},"image":{"@id":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/#primaryimage"},"thumbnailUrl":"https:\/\/bondvigilantes.com\/francais\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling1.png","datePublished":"2017-07-28T14:43:35+00:00","dateModified":"2017-08-30T14:36:00+00:00","author":{"@id":"https:\/\/bondvigilantes.com\/francais\/#\/schema\/person\/c4eecb682f956ed5d137f38e9a3137c1"},"description":"Les \u00c9tats-Unis se rapprochent \u00e0 grand pas du seuil maximum d\u2019endettement, un plafond que le Congr\u00e8s approuve g\u00e9n\u00e9ralement sans d\u00e9bat. Le plafond de la","breadcrumb":{"@id":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/"]}]},{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/#primaryimage","url":"https:\/\/bondvigilantes.com\/francais\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling1.png","contentUrl":"https:\/\/bondvigilantes.com\/francais\/wp-content\/uploads\/sites\/4\/2021\/12\/debt-ceiling1.png","width":960,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/bondvigilantes.com\/francais\/2017\/07\/debt-ceiling-tremors-in-the-treasury-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/bondvigilantes.com\/francais\/"},{"@type":"ListItem","position":2,"name":"La question du plafond de la dette \u00e9branle le march\u00e9 des emprunts d&#8217;\u00c9tat am\u00e9ricains"}]},{"@type":"WebSite","@id":"https:\/\/bondvigilantes.com\/francais\/#website","url":"https:\/\/bondvigilantes.com\/francais\/","name":"Francais","description":"M&amp;G","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bondvigilantes.com\/francais\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-FR"},{"@type":"Person","@id":"https:\/\/bondvigilantes.com\/francais\/#\/schema\/person\/c4eecb682f956ed5d137f38e9a3137c1","name":"Ben Lord","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/secure.gravatar.com\/avatar\/ae49b7b375d8db374c66cb0562a292304e64de9f1a05bb7c893c987f4f154110?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ae49b7b375d8db374c66cb0562a292304e64de9f1a05bb7c893c987f4f154110?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ae49b7b375d8db374c66cb0562a292304e64de9f1a05bb7c893c987f4f154110?s=96&d=mm&r=g","caption":"Ben Lord"},"url":"https:\/\/bondvigilantes.com\/francais\/author\/benlord\/"}]}},"_links":{"self":[{"href":"https:\/\/bondvigilantes.com\/francais\/wp-json\/wp\/v2\/posts\/2450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bondvigilantes.com\/francais\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bondvigilantes.com\/francais\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bondvigilantes.com\/francais\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bondvigilantes.com\/francais\/wp-json\/wp\/v2\/comments?post=2450"}],"version-history":[{"count":0,"href":"https:\/\/bondvigilantes.com\/francais\/wp-json\/wp\/v2\/posts\/2450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bondvigilantes.com\/francais\/wp-json\/wp\/v2\/media\/2459"}],"wp:attachment":[{"href":"https:\/\/bondvigilantes.com\/francais\/wp-json\/wp\/v2\/media?parent=2450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bondvigilantes.com\/francais\/wp-json\/wp\/v2\/categories?post=2450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bondvigilantes.com\/francais\/wp-json\/wp\/v2\/tags?post=2450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}