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Why the dollar will suffer from U.S. shutdown

Bloomberg · Just In
Bloomberg
Bloomberg
Just In

Anna Edwards, Valerie Tytel, Kriti Gupta and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Breakdown
  • Analysts see the government shutdown as a factor likely to weaken the U.S. dollar. 5s
  • The shutdown is not expected to cause major economic disruption unless it lasts longer than anticipated. 22s
  • Disruption in economic data releases may lead to short-term market volatility and overreliance on alternative data like ADP. 1m 29s
  • Bond yields may drift slightly lower due to short-term Treasury buying, but significant declines are not expected. 2m 36s
  • Overall, underlying market trends are likely to continue unless the shutdown is prolonged. 2m 19s
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