There is a tentative report/rumor that Boehner told Republicans they would extend the debt ceiling until November 22nd. It doesn’t sound like this will include anything about a continuing resolution to re-open the government. Rather, they’re looking for ‘broader talks’ on the budget.
If I had to lean out, I’d say that this is it. All the good news is priced in now. The risk is that the market turns on the short-term nature of the hike, combined with the lack of progress on the government shut…