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Traders see a cloudy outlook as government shutdown expected to drag on for weeks

On HALO

6 hours ago

Traders on prediction markets are betting the federal government shutdown will stretch beyond three weeks, with lawmakers still deadlocked on a funding plan and the Senate not scheduled to vote again until next Tuesday.Traders on Kalshi give a 56% chance that the government shutdown will last just over 28 days. The trading volume, or the total dollar amount wagered on this market, sits just north of $5.5 million. About 71% of traders expect the government shutdown to last more than 20 days, while roughly 45% believe it will extend beyond 30 days.HOPES DIM IN PREDICTION MARKETS AS TRADERS BET G...

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6 hours ago
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