If the U.S. Department of the Treasury announces that the United States Federal Government failed to make a scheduled payment on a Treasury note, bond, or bill; or that one of the three major credit ratings agencies consider any United States debt in any form of default, before 2026, then the market resolves to Yes.

No secondary rules available.

Series KXDEFAULT-25DEC31 Event KXDEFAULT-25DEC31 Market KXDEFAULT-25DEC31