Traders on prediction markets are betting the federal government shutdown will stretch beyond three weeks, with lawmakers still deadlocked on a funding plan and the Senate not scheduled to vote again until next Tuesday.
Traders on Kalshi give a 56% chance that the government shutdown will last just over 28 days. The trading volume, or the total dollar amount wagered on this market, sits just north of $5.5 million.
About 71% of traders expect the government shutdown to last more than 20 days, while roughly 45% believe it will extend beyond 30 days.
Meanwhile, 96% of traders on Polymarket expect the shutdown to last a little over two weeks, with about $2.2 million wagered on the market.
The federal government shut down at 12:01 a.m. ET on Oct. 7, forcing agencies to send home workers