Bond Market Sell-Off // Government Shutdown Avoided // China's Manufacturing Slowing Down - 9/30 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(1:11) - Since the most recent Federal Reserve meeting, the bond market has experienced a sell-off with the 10-year treasury yield subsequently climbing to north of 1.5%. Will the prospect of Fed tapering continue to spook the bond market?(19:00) - GOP Senator Mitch McConnell indicated this morning that there will be a vote on a compromise to avoid the government shutdown. This removes one of the four major priorities working their way through Congress right now.(29:55) - The vote on the bipartisan infrastructure bill was supposed to happen Monday, but was pushed back to Thursday. Will this vote actually happen today, and is it a sure thing to pass?(36:32) - China's manufacturing sector has shown signs of weakness for the first time since the pandemic began. Major power outages and the recent real estate fallout in the country are only adding to the concern.