US NATGAS: EIA Natural Gas Storage Report – Weekly Summary

The US Senate is shortly due to vote for a ninth time on the House-passed funding bill to reopen the US government. The bill is expected to fail again, with no sign of Republican or Democratic leadership engaged in discussions on an offramp to the government shutdown. LIVESTREAM

• Senate Majority Leader John Thune (R-SD) has signalled he will pursue a new strategy to ramp up pressure on Senate Minority Leader Chuck Schumer (D-NY). On Thursday, he will hold a procedural vote on the House-passed defence appropriations bill, with a view to opening conference negotiations with the lower chamber on a three-bill ‘minibus’ package.
• Thune told reporters, "We'll see if we can get on it, and then we'll see if there's an appetite for adding some other bills to it, like we did in the other mini package. So that's the plan."
• Thune hopes that by challenging Senate Democrats to vote on appropriations bills, he can reduce the rationale for keeping the government shut down. Thune likely believes that it would reflect poorly on Democrats if they block spending bills via regular appropriations. 
• Appropriations Chair Susan Collins (R-ME) said, “If we can show that we can move the appropriations bills, there’s absolutely no justification or rationale for a government shutdown.”
• Burgess Everett at Semafor reported earlier that Senate Democrat whip Dick Durbin (D-IL) said: "It came to a surprise to us ... I don't know that any plan has been announced.”

• 5,000 TYZ5 115/TYG6 116 call spds on 2:3 ratio, 44 net vs. 113-08 at 1355:09ET

• Date $MM Issuer (Priced *, Launch #)
• 10/15 $5B #JPMorgan $2B 6NC5 +63, $3B11NC10 +77 (6NC5 SOFR leg dropped)
• 10/15 $900M Eversource $600M 5Y +87, $300M 2035 tap +82
• 10/15 $500M *MAF 10Y Sukuk +95