In observance of Veterans Day on Monday, some U.S. markets will be open and some closed.
The Securities Industry and Financial Markets Association has recommended the bond market’s closure on Nov. 11 in line with the U.S. Treasury Department’s holiday schedule.
Both equity and bond markets used to be shuttered as far back as 1938, when it was a declared a national holiday under the name Armistice Day to honor veterans of World War I. Today the intent is to honor the service of all former U.S. military personnel.
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