The bond market gets nervous about the debt ceiling and other DC shenanigans
You wouldn’t know that there was anything to worry about from the U.S. stock market. So what that the President has threatened to shut down the government unless Congress funds The Wall. So what that the tax cuts so near and dear to CEOs won’t happen unless there is a budget or some stop gap funding measure by October 1. So what the Federal Reserve refuses to take another interest rate increase off the table. But if you look at the bond market, you will see signs of concern.
