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Temporary Govt Funding Bill Has the Votes

US
While voting continues, headlines annc:
  • "MAJORITY OF US SENATE VOTES TO APPROVE TEMPORARY GOVERNMENT FUNDING BILL TO AVERT SHUTDOWN ON FRIDAY" Rtrs
Bill extends funding to December 3. Not much of a market react with rates midly higher/near mid-range, equities weaker/near lows. Yield curve continue steepening:
  • 3M10Y -0.34, 147.778 (L: 146.398 / H: 151.771)
  • 2Y10Y +0.047, 122.401 (L: 121.142 / H: 125.351)
  • 2Y30Y +2.092, 178.892 (L: 175.536 / H: 181.179)
  • 5Y30Y +2.666, 109.398 (L: 105.605 / H: 109.858)

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