Bonds are poised to open up this morning as the U.S. government is moving into the second week of a shutdown with no end in sight. Although concerns over the budget and debt ceiling continue to weigh on sentiment, the drop in both yields and volatility in Treasuries is a sign that investor confidence in a resolution is outweighing worry over the current situation.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 107.76 points (-0.71%) while the Nasdaq fell 26.77 points (-0.70%). Also, the S&P 500 dropped 9.57 points (-0.57%).
Here are some of today’s rates:
Here are a few links to some of today’s financial articles. Be sure to leave a comment below if you know of any additional financial articles that are trending today.