MetLife Invest… - Mon, 10/02/2023 - 16:52

Economic Monthly – If It’s Fall, It Must Be Shutdown Season

The U.S. political situation is back into economic focus as a government shutdown looms, with funding set to expire on September 30 if no short-term funding agreements are passed. We do not expect a shutdown to change the trajectory of Federal Reserve policy. The 10-year Treasury may decline slightly in the short-run as it generally has after a shutdown, but equity markets have historically had a mixed response.

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