U.S. cash bond market October 12 closed; U.S. equities and Treasury futures trade normally
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U.S. cash bond market October 12 closed; U.S. equities and Treasury futures trade normally.
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The U.S. cash bond market will be closed next Monday; U.S. equities and Treasury futures will trade normally
PANews October 9 According to a report by Jin10, the market-closure schedule of the Securities Industry and Financial Markets Association (SIFMA) shows that the U.S. cash bond market will be closed next Monday (October 12).October 12 is Columbus Day in the United States, one of the U.S. federal statutory holidays, although holiday arrangements vary by locality. For financial markets, U.S. equities will trade normally, and CME U.S. Treasury futures will also trade normally, while the U.S. cash bond market will be closed for the entire day. U.S. cash bonds and Treasury futures are not the same trading instruments: cash bonds refer to actually issued U.S. Treasuries, corporate bonds, commercial paper, and so on, while Treasury futures are standardized futures contracts with U.S. Treasuries as the underlying asset.
SIFMA The closure schedule shows that the U.S. cash bond market will be October 12 closed for the entire day.
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October 12 is Columbus Day in the United States and also one of the U.S. federal statutory holidays.
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U.S. equities and CME U.S. Treasury futures will trade normally.
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U.S. cash bonds include actually issued U.S. Treasuries, corporate bonds, and commercial paper; Treasury futures are standardized futures contracts with U.S. Treasuries as the underlying asset.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Cash bonds are bonds that have actually been issued and traded; Treasury futures are futures contracts with U.S. Treasuries as the underlying asset. They are not the same type of trading instrument; therefore, Treasury futures can still be traded when the cash market is closed.
Why it matters to readers
October 12 Trading in U.S. cash bonds is suspended, but U.S. equities and Treasury futures remain open; attention should be paid to the trading arrangements of the different markets.
If you follow U.S. Treasuries or related markets, you need to distinguish between the opening and closing status of the cash and futures markets.
Risks and unknowns
This information was relayed by media outlets, and the evidence does not provide the SIFMA original notice.
The evidence does not clearly specify the October 12 corresponding year.
Columbus Day holiday arrangements vary by locality.
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Related concepts
Cash bonds
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