In this week’s Master the Markets, host and expert Bill Bodnar unpacks how the shutdown may actually cement a December Fed rate cut, as declining consumer sentiment threatens to slow economic momentum.
With consumer spending driving two-thirds of GDP, even a short shutdown dents growth. Economists now estimate a 1–2% hit to fourth-quarter GDP, with $7–20 billion in potential losses depending on the duration. Bill also spotlights upcoming Treasury auctions — 10-year notes and 30-year bonds — that could move yields and mortgage-backed securities this week.
