Our October issue of Bond Market Update has published. It covers our broad views on Fed policy, treasury, and the corporate and municipal bond markets. https://t.co/DHi3nLRgbk

UMich one-year inflation expectations dropped modestly to 4.6%, while 5-10 year inflation expectations held steady at 3.7%.

On this week's episode of #OnInvesting, @LizAnnSonders and I discuss the US government shutdown, lack of data, alternative data sources, and the current state of the bond and equity markets. https://t.co/5vsPrtT9EK

Our Schwab Coaching show "Yield Talk: Bond Market Update" airs live Thursday 10/9 at Noon ET. Collin Martin and Dave Ortman have a lot to cover including inflation, the labor market, the Fed, mortgage rates and bond yields. Tune in!

FOMC minutes indicated that most participants said it was likely appropriate to ease policy more this year, but a majority of the participants emphasized upside risks to the inflation outlook.

Joel has a lot of interesting points to make on corporate credit - especially the auto sector - and the impact of high prices/delinquencies on the market.

ISM report shows headline activity index down to 50, new orders down to 50.4, employment up slightly by still weak at 47.4 and prices paid at 69.4. Not great numbers.

We have a lack of data due to the govt shutdown but @LizAnnSonders and I still have topics to cover on our #OnInvesting podcast including the Fed, private sector data. @JoelLevington1 and I have a great conversation about the corporate credit market. https://t.co/Bt8qqG780F

Friday: Equity futures higher, treasury yields mostly steady and dollar edging lower. No economic news as gov shutdown continues.

The @chicagofed has released its final real-time forecast of the September unemployment rate based on 11 different indicators of the job market. It is particularly important since it doesn't look like we'll get official BLS jobs data this week. https://t.co/fmDwn7KNXM

Thursday: Government shutdown continues. Equity futures slightly higher, treasury yields steady to lower by 1 bp and dollar softer.

Early risers: I will be joining the @bsurveillance team on @BloombergTV this morning around 6:15 to talk government shutdown and more.

Breaking: Jane Goodall, the English primatologist and anthropologist who was considered a foremost expert on chimpanzees, has died at age 91. https://t.co/SiHKaOX38n

ISM Manufacturing up in September but still in contraction. New orders back in contraction but production back in expansion ... mixed bag @business

This is now what the chart looks like with revisions ... major downward adjustment for August, which was revised from +54k to -3k

ADP reported a drop of 32K in private payrolls and the previous month was revised down to -3K from +54K. Much weaker employment data than expected. With no BLS numbers, this will take on added significance.