US federal funding deadline — FY2028 appropriations (30 Sept 2027)
Why it matters
Federal funding for fiscal year 2028 must be enacted by 30 September or the government faces a shutdown — a scheduled fiscal cliff whose brinkmanship spills into global rates, the dollar and risk sentiment.
What to watch
- No outcome on the date itself — it forces full-year bills, a continuing resolution, or a shutdown.
- Shutdown risk and spillover into Treasury yields and the dollar.
- Whether a stopgap sets a further cliff date.
Sources
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