Snatching failure from the jaws of victory...? 10/17 T-Bills are 9bps off their low yields of the day and the S&P 500 has given back 5 points of its gains as the White House potentially snubs Boehner's offer.
- U.S. HOUSE REPUBLICAN LAWMAKERS CONCERNED THAT CLEAN DEBT LIMIT INCREASE WOULD NOT FORCE OBAMA TO NEGOTIATE-SENIOR REPUBLICAN AIDE
- OBAMA IS WILLING TO NEGOTIATE ON BROAD BUDGET ISSUES, BUT ONLY AFTER
CONGRESS ENDS SHUTDOWN, LIFTS DEBT CEILING-WHITE HOUSE OFFICIAL - "Once Republicans in Congress act to remove the threat of default and end this harmful government shutdown, the President will be willing to negotiate on a broader budget agreement," White House says in e-mailed statement. "While we are willing to look at any proposal Congress puts forward to end these manufactured crises"
Of course, this dip also coincides with the end of POMO.
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