Markets

Money funds remain an attractive place for excess cash, and can help keep a lid on short-term borrowing costs.

U.S. stocks were mixed as investors were considering a deal, signed into law by President Biden on Saturday, to avoid a government shutdown.

Treasury yields extended post-Fed gains following the passage of a stopgap spending bill to avert a U.S. government shutdown.

The deal values closely held Lexmark at $1.5 billion, including debt.

A signature piece of the Biden administration’s effort to reduce the $1.6 trillion student-loan burden is now in limbo, hitting public-service workers especially.

The Nymex front month was up and NatGasWeather.com said U.S. natural gas futures were looking to extend last week’s rally, with winter weather pushing up demand.

The yen was down against the dollar and could extend its losses as the Bank of Japan is unlikely to raise interest rates until at least March, Swissquote Bank said.