The House today voted on a legislative package that suspends the debt ceiling and funds the federal government through Dec. 8 and provides $15 billion in disaster relief for Hurricane Harvey victims. The Senate voted to pass the bill yesterday and President Trump is expected to sign it promptly. The bill includes a measure authorizing the National Flood Insurance Program also through Dec. 8. The program had been set to expire on Sept. 30.
ABA DataBank: Rates and oil diverge
Oil prices have largely returned to early-2026 levels. In contrast, the implied yield on the Fed Funds Futures December 2026 contract is up 80 basis points from a year ago, suggesting a broader range of risks and uncertainty...








