The US government is shutdown but that doesn't stop the debt train from rolling

  • US will sell 3-year notes today
capitol 2

US government shutdowns would be far-more interesting if politicians weren't being paid and lost access to the army of staffers they have. In any case, the charade continues today and that's limiting the US economic calendar. What it's not limiting is the issuance of US debt as the Treasury today gets set to sell $58 billion in 3-year notes. Those results will be out just after 1 pm ET.

The Canadian government remains open and today we get trade balance for August. Notably, that contains US-Canada trade, which is a decent part of the overall US puzzle and might be some crumbs for the US data hounds to snack on. The consensus for Canada's overall August deficit is $5.55 billion. That's due out at the bottom of the hour.

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