New Overnight Developments Abroad - Daily Update
Averted U.S. Government Shutdown Hasn’t Changed Financial Market Dynamics
October 2, 2023
The approved continuing resolution to keep the U.S. government running is only a temporary 48-day remedy. Moreover, it removes a downside short-term risk to U.S. growth and therefore a potential deterrent to Fed officials raising interest rates additionally this quarter. Ten-year sovereign debt yields rose overnight by six basis points in the United States, four […] More
