Hopes dim in prediction markets as traders bet government shutdown will drag on for weeks
Fox Business·2025-10-06 23:06
Traders in online prediction markets expect the federal government shutdown to last more than two weeks, signaling waning confidence in a near-term deal as negotiations in Washington remain at a standstill. Traders on the prediction market platform Kalshi give a 64% chance that the government shutdown will last just over 21 days. The trading volume, or the total dollar amount wagered on this market, sits just north of $2.5 million. Meanwhile, 72% of traders on Polymarket expect the shutdown to last at least ...