Audit, Interest Rate Risk Products; Gov't Program News; Home Builder Interview; Shutdown and Data Releases

Audit, Interest Rate Risk Products; Gov't Program News; Home Builder Interview; Shutdown and Data Releases The stalemate & shutdown continue, all but eliminating the government release of economic news. Recall that the U.S. Treasury posted a $345 billion budget deficit in August, the largest monthly deficit of 2025 and the 2nd-worst August on record but helped by tariff revenue. This is up from July’s $291 billion deficit and has only been surpassed by last year’s $380 billion deficit. Government spending ...