The potential government shut down dominates the headlines this morning. Congress must pass a stop gap by midnight to avoid a shutdown. Stocks are hurting as the deadline nears, however the bond market is benefiting from investors demand for safer assets. Chicago PMI is the only relevant data today and likely overshadowed by headlines and month/quarter end trading today. The jobs report is due out this Friday, however it might be delayed if the government can’t come to an agreement soon.
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