**ING Economic and Financial Analysis**

*By Benjamin Schroeder, Senior Rates Strategist*

With the end of the US government shutdown in sight, we could soon see a high concentration of important directional cues within a short time frame. However, even if job numbers deteriorate further, the downside for US rates may be limited by lingering inflation concerns.

Euro rates closely follow US rates and will require more upside surprises to break higher.

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**The anticipated end of the shutdown boosts optimism, but other worries remain**

Risk sentiment improved as the US Senate advanced a bill to end the government shutdown. Expectations are now shifting positively, but several concerns still linger in the background.

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https://seekingalpha.com/article/4841727-rates-spark-shutdown-is-not-all-that-pains?source=feed_all_articles