I do want to get the government shutdown into this conversation because markets so far don't look that concerned. We're not getting the economic data that we love to dig into. But I am curious what this means for the Federal Reserve.We have a policy meeting coming up on the 29th. It looks like we're not going to get the CPI release that we were or the inflation release we're expecting next week. We know the jobs market has been delayed when it comes to that official NFP release.When it comes to making polic ...

The world’s biggest bond market has been stuck in a rut, but traders are preparing for what could be a whirlwind of action once the US government shutdown ends and unleashes a flood of key economic data https://t.co/cNUxndX5VI ...

The government shutdown means no data for the markets or the Fed. There have been more private sector reports, but is it enough to fill the void. Our senior economics reporter Steve Leeman joins us now uh with the answer.Hey, Steve. >> Hey, Mike. Yeah, investors and officials, they've been turning to private sector data to fill the void from the government shutdown.Some suggesting we can get rid of the government data entirely. But has anyone out there really invented a better mousetrap. There are some diff ...

Expected volatility in the Treasuries market has sunk to the lowest in almost four years as the US government shutdown delays key economic data releases and deprives traders of catalysts for large price swings https://t.co/rMGn7pEbhW ...

Blockchain & DeFi Integration - BNB Chain integrates Chainlink data standard to bring U.S Department of Commerce data on-chain [1] - This integration introduces official economic information into the blockchain space, marking a new phase for data transparency [1] - The development has practical application in decentralized finance (DeFi) and prediction markets [1] Industry Impact - The integration marks a new phase for data transparency and practical application in decentralized finance (DeFi) and prediction markets [1] - BNB Chain, one of the largest blockchain ecosystems with a broad global user and developer base, has adopted the Chainlink data standard [1]

Economic Indicators & Data Uncertainty - Traditional economic indicators are currently unreliable due to ongoing circumstances [1] - Key data releases including trade figures, jobless claims, and inventories are anticipated but may be delayed [1] - The market is closely watching New York Fed inflation expectations and the University of Michigan sentiment index [2] - The availability and reliability of CPI data are uncertain, potentially based on only 45% of usual data [5][6] Federal Reserve (Fed) Communication & Policy - Fed minutes from the first meeting and ongoing Fed speaker events are being monitored for insights into rate-cutting cycle [2] - The impact of Fed speakers is questioned due to the lack of new economic data [3] - Jay Powell's upcoming speech on the economic outlook is a key event [4] Upcoming Economic Data - CPI, PPI, retail sales, import prices, and housing starts data are highly anticipated but their release depends on government operations [5]

Economic Data & Monetary Policy - Government shutdown paused the release of key economic data, including the jobs report and upcoming inflation reports, creating uncertainty for the Federal Reserve's monetary policy decisions [1] - The absence of federal government economic data forces the Fed to rely on noisier data sources like initial claims and the ADP report, which are less reliable than the BLS report [3] - The stock market's positive reaction to the shutdown is likely driven by expectations of lower interest rates, potentially leading the Fed to ease by another 25 basis points due to concerns about the labor market [8][9] - Uncertainty from government shutdowns and potential permanent layoffs could negatively impact consumer confidence and slow down the economy more than anticipated [16] Banking & Mergers - A new deal involving Comerica and Fifth Third, with Fifth Third acquiring Comerica for over $10 billion, will create the ninth-largest bank in the country, reflecting a changing regulatory environment [9] - There's an incentive for banks to merge to achieve economies of scale, particularly for implementing expensive technologies like AI, suggesting a potential wave of regional bank mergers in the coming years [11] - As larger regional banks emerge, it's crucial to consider financial stability and whether these institutions become "too big to fail," requiring appropriate regulation to mitigate potential risks to the overall economy [13]

The US government is almost at a standstill after Democrats and Republicans failed to come to an agreement over the spending package for the new fiscal year. The shutdown has caused a freeze in some critical federal programs. Among the biggest losers have been investors and policymakers who rely on key economic data from government agencies.The Labor Department releasing a contingency memo ahead of the funding lapse, saying if a deal between Congress and President Trump was not reached by October 1st, the B ...

Bond Market Trends - Bond market yields are rising despite weaker than expected economic data [1] - Two-year and 10-year yields are up several basis points on the session but down about eight basis points on the week [3] - The market tried to reach the 4% level on a 10-year bond yield but didn't quite make it [3] Economic Data Impact - Service sector data was disappointing, while prices paid were higher than expected [1] - The market reacted to the data by initially hitting low yields, then yields moved higher [2] Technical Analysis - The NASDAQ index has a higher high and a lower low than yesterday [4] - If the NASDAQ closes below yesterday's low, it would be a key reversal from all-time highs, which could be bearish [4]

SCARLET: FROM NEW YORK CITY FOR OUR VIEWERS WORLDWIDE, BLOOMBERG : REAL YIELD STARTS RIGHT NOW. COMING UP, U.S. GOVERNMENT SHUTDOWN PUTS ECONOMIC DATA ON HOLD. FURTHER CLOUDING THE FED'S PATH FORWARD AMID THE SHIFTING ECONOMY.NEVERTHELESS SEPTEMBER CREDIT ISSUANCE URGES TO NEW HIGHS. WE BEGIN WITH THE BIG ISSUE AND THAT IS A FED FLYING BLIND GEND. >> IS A STRANGE NO JOBS REPORT FRIDAY.>> OUR DATA IS BEING SUBSTANTIALLY DISTORTED. >> WE ARE IN A HOLDING PATTERN LOOKING FOR THE DATA. >> IT IS DIFFICULT TO LOO ...