- Investors should buy Treasurys with debt-ceiling negotiations set to go down to the wire, according to a JPMorgan strategist.
- The Biden administration and the House of Representatives held talks about resolving the stand-off at the weekend.
- "They are running out of time… there's just not that many days left to negotiate," Alex Wolf told Bloomberg TV.
Investors should dump stocks and buy bonds because the debt-ceiling standoff may not be resolved in time to prevent a government default, according to a top JPMorgan strategist.