Why do bond markets close slightly early (at 2 p.m. ET) on December 31 whereas the stock market closes at the regular time?
Why do bond markets close slightly early (at 2 p.m. ET) on December 31 whereas the stock market closes at the regular time?
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Franck Dernoncourt · External communityPost link
External question — Personal Finance Stack Exchange
Author: Franck Dernoncourt
Original post: https://money.stackexchange.com/questions/134451
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kiplinger.com
:
The stock market is indeed open for a full trading session on New Year's Eve, Thursday, Dec. 31, 2020. But for what it's worth, bond traders do get a slightly shortened day; the bond markets will close up shop a little early, at 2 p.m. ET.
Why do bond markets close slightly early (at 2 p.m. ET) on December 31 whereas the stock market closes at the regular time?
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Franck Dernoncourt · External communityPost link
External answer — Personal Finance Stack Exchange
Author: Franck Dernoncourt
Original post: https://money.stackexchange.com/a/134798
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
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Michael Malone
:
The bond market (even US-based) is primarily an international market. The rest of the world, especially Europe and Asia were already drinking champagne out of each other's slippers.
That'd be great to confirm this with some statement from the bond market officials.
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: Franck Dernoncourt Source score (net votes, not local likes): 0 Original post: https://money.stackexchange.com/questions/134451 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. kiplinger.com : The stock market is indeed open for a full trading session on New Year's Eve, Thursday, Dec. 31, 2020. But for what it's worth, bond traders do get a slightly shortened day; the bond markets will close up shop a little early, at 2 p.m. ET. Why do bond markets close slightly early (at 2 p.m. ET) on December 31 whereas the stock market closes at the regular time?
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