Fed speakers, yields and earnings moved markets amid government shutdown.

The ongoing government shutdown reached its 41st day, becoming the most significant short-term factor for general markets. Democrats are advocating for a one-year extension of health care subsidies, while Republicans have not yet agreed. The FAA's decision to cut domestic flights by 4% is expected to slow the economy. With a lack of data due to the shutdown, commentary from Federal Reserve officials is gaining increased importance. Scheduled speakers include Vice Chair Michael Barr, New York Fed President John Williams, Governor Christopher Waller, and Atlanta Fed President Raphael Bostic. Treasury yields fell on the front end of the curve, reversing some of the previous week's rally, but the 30-Year yield increased by two basis points. Upcoming earnings reports next week include 129 companies with market caps over $1 billion. Scheduled data releases for the week include U.S. 3-Year, 10-Year, and 30-Year bond auctions, as well as an OPEC monthly report, German CPI, and EU GDP.