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Market Extra: Which markets are closed on Veterans Day?

Veterans Day—intended to pay homage to U.S. military servicewomen and men—kicks off on Monday.

As a result, bond markets will be closed on the federal holiday.

Last year marked the first time the bond market didn’t observe the holiday—at least formally—in about a decade because it fell on a Saturday.

The Securities Industry and Financial Markets Association, known as Sifma, has traditionally recommended bond-market closures based on the New York Federal Reserve’s holiday schedule.

As for money transfers, private banks can choose to close, remain open or shorten their hours. The Federal Reserve Bank and all of its offices and branches are closed on all federal holidays, including Veterans Day.

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