our guest, jing ulrich, head of j.p. morgan china. >> susie: "in abeyance"-- that's how the white house is describing talks to reach an agreement raising the nation's debt limit. republicans walked out of the talks today, saying there was no point in continuing if democrats were going to insist on tax increases. as darren gersh reports, the drama is not yet worrying investors, but it is complicating efforts to reach a $2 trillion package of spending cuts. >> reporter: bond markets greeted news the debt limit talks had broken down with a yawn today. the view seemed to be that this was just another act in a long- running political drama. two republicans-- majority leader eric cantor and arizona senator jon kyl-- abandoned negotiations, saying democrats were pushing for tax hikes they could not support. the next move may be house speaker john boehner's, but today, he did not give any ground. >> a tax hike cannot pass the house of representatives. it's not just that its a bad idea; it doesn't have the votes and it can't happ