Treasury Curve Inverts As Trump Slams Dems For Forcing Shutdown

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Early in the week, anxiety over a government shutdown appeared to ebb as the short-term Treasury Bill market began to ‘normalize’, but following the tax-reform ‘win’, President Trump is accusing Democrats of trying to force a government shutdown

…And the Bill curve has shifted notably more inverted

While there are obviously year-end liquidity impacts involved too, it appears market anxiety is building as perception grows that Dems may move to stunt the Republicans’ momentum from their ‘victory’ on taxes.