Michael Zezas: Looking to the Treasury Market

This podcast episode delves into the potential market repercussions of a government shutdown in the United States. While shutdowns can strain certain sectors, particularly government employees and contractors, the overall economic impacts tend to be modest and fleeting. Market reactions have been inconsistent and fleeting, making it challenging to isolate the shutdown's influence from prevailing economic conditions and market valuations. However, the US Treasury market may be more resilient to shutdown risks due to its ability to pay bondholders even during a shutdown.