Aw man, bond traders always get the holidays off!
Some U.S. financial markets will be open, and some closed, on Monday, October 14 in observance of the federal holiday Columbus Day.
In contrast, SIFMA, the Securities Industry and Financial Markets Association, has recommended that the bond market be closed. While there have been glimmers of hope, including an uptick in early trading on Wednesday, most investor attention remains pinned on the outcome of high-level U.S.-China trade talks this week and an expected interest-rate cut by the Federal Reserve later in the month.The longer investor nerves remain jangled, the more doubts creep into the market. “This is serious,” wrote Deutsche Bank Chief Economist Torsten Slok after the release of dismal manufacturing numbers earlier in the month.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
All the Best Columbus Day Mattress DealsTurns out, now is a really good time to buy a mattress
Read more »
I Plan on Wearing Old Navy's Houndstooth Blazer Every Day This FallIt is so comfortable and looks way more expensive than it is.
Read more »
The Shoes Comfy—and Chic—Enough to Wear All Day AND All NightPlus, they're cute!
Read more »