“Flying Blind” in the Shutdown?

Key Insights - The current federal government shutdown lacks a debt ceiling component, which reduces immediate risks compared to past shutdowns [6][7] - Economic data releases are delayed or postponed, impacting market navigation and decision-making for investors [6][8] - The U.S. Treasury market is expected to operate normally without concerns over redemptions or new issuances due to the increased debt ceiling [7][8] Economic Data - Major economic indicators such as the Consumer Price Index (CPI), Retail Sales, and Gross Domestic Product (GDP) are likely to be delayed if the shutdown continues [6][8] - Investors may need to rely on alternative private data sources, such as ISM and S&P Global PMI, until official data is released [13] Federal Reserve & Interest Rates - The Federal Reserve is not expected to cut rates during the current FOMC meeting despite the shutdown, maintaining a focus on risk management [13] - The UST 10-Year yield is anticipated to remain stable until economic data resumes [13]