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On November 10, news came out that U.S. House Speaker Johnson stated that they have enough votes to pass the temporary funding bill.
If this matter falls through, the U.S. government will face the risk of a shutdown again. For the market, while government shutdowns are an old story, each time they stir up market sentiment — U.S. Treasury yields and the dollar index could all be affected.
It seems to have stabilized for now, but we still have to wait and see the specific voting results. In the short term, the impact of this kind of political maneuvering on the volatility of risk assets cannot be underestimated.