Bund futures shrug off U.S. government shutdown in early trade
LONDON Oct 1 (Reuters) - German Bund futures were steady on Tuesday as the U.S. government began a partial shutdown for the first time in 17 years.
Federal agencies were directed to cut back services after lawmakers could not break a political stalemate that sparked new questions about the ability of a deeply divided Congress to perform its most basic functions.
Bund futures, normally seen as a safe haven by investors in times of uncertainty and political nerves, were 2 ticks lower at 140.48.
"The view seems to be that it (the shutdown) will be fairly temporary," one trader said. "I would have thought it would have given us a bit more support than it is doing."
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