Shutdown Watch, Day Seven: Nothing To See Here


No progress—unless you consider this progress. No CFTC report on the things the CFTC reports on, joining all of the other reports that are not coming out. Still no concern that the lack of progress means there will be a default, even if John Boehner is now saying he wasn't serious when he said he wouldn't allow a default. Some people smellingopportunity. And a reminder that the Federal Reserve is not reliant on Congressional appropriations in a way that will be obvious to those whose ATMs dispense something other than $20 bills.

Tensions rising, Republicans and Democrats focus on debt ceiling [Reuters]
White House official says Obama would accept short-term agreement on debt ceiling [WaPo]
Shutdown Shuts Down Commitment of Traders Reports from CFTC [WSJ MoneyBeat blog]
Moody's CEO: US default 'extremely unlikely [CNBC]
Boehner says U.S. on path to default if Obama won't negotiate [Reuters]
U.S. Shutdown Creates Investment Opening [WSJ]
Betting on a U.S.-Debt Doomsday [WSJ]
Federal Reserve to Unveil a Redesigned $100 Bill [NYT]