Prediction market traders place odds of government shutting down at 80%

Traders on prediction platforms Kalshi and Polymarket are betting that the federal government will shut down this weekend.

According to Kalshi's market data, traders assign a 75% chance that the shutdown begins on Saturday, up 64 percentage points over the last two days.

Trading volume, or the total dollar amount wagered on the market, stands at just over $8.6 million.