Veterans Day 2025: Stock Markets Open with Bond Trading Halted

Veterans Day is observed across the United States on November 11. The nation pauses to honor all American military veterans. This federal holiday creates a mixed schedule for financial markets.

While many federal offices and services close, major stock exchanges operate normally. This split schedule often leads to public confusion about trading hours.

Stock and Bond Markets Diverge on Holiday Schedule

The New York Stock Exchange and Nasdaq are open for regular trading. They will observe a moment of silence to honor veterans. Trading will proceed as usual after the tribute.

According to Reuters, the US bond market is fully closed. The Securities Industry and Financial Markets Association recommends the closure. Fixed-income trading will resume on the next business day.

This divergence can create unique trading conditions. Equity traders work without their fixed-income counterparts. Market liquidity can sometimes be affected.

Understanding the Historical Trading Shift

The NYSE’s decision to remain open marks a historical shift. The exchange closed for Veterans Day for many decades. Its policy changed in 1954.

Exchanges now honor the day with a brief trading halt. This two-minute pause occurs just after the opening bell. It serves as a solemn tribute to service members.

The Federal Reserve Bank of New York’s holiday calendar guides these decisions. SIFMA aligns its bond market recommendations with this schedule. This coordination ensures market-wide consistency.

Postal and Retail Services Follow Separate Paths

The United States Postal Service will not deliver mail. Post offices are closed for the federal holiday. Regular mail service resumes on Tuesday.

UPS and FedEx continue most of their delivery services. Some package delivery delays may occur. Ground and express services generally remain available.

Most retail stores and restaurants operate normal hours. Many businesses offer special discounts for veterans. These promotions honor their military service.

The Veterans Day 2025 schedule shows a clear divide between stock and bond markets. Investors should plan for active equity trading alongside a silent bond market. This annual occurrence highlights the distinct rhythms of America’s financial centers.

Thought you’d like to know

Are banks open on Veterans Day?

Most physical bank branches are closed for the holiday. Online banking and ATM services remain fully available. Customers can perform most transactions through digital platforms.

What is closed for Veterans Day?

Federal offices, courts, and public schools are typically closed. The bond market and USPS also suspend operations. Many state and local government offices join the observance.

Do veterans get free meals on Veterans Day?

Many restaurants offer complimentary meals or discounts to veterans. These offers often require proof of military service. Participation varies by establishment and location.

Why are stock markets open but bonds closed?

This stems from different governing bodies setting schedules. SIFMA recommends bond market closures while equity exchanges set their own hours. The split has been standard practice for years.

Will there be stock market volatility on Veterans Day?

Trading volume can be lighter with the bond market closed. This sometimes leads to slightly increased volatility. Major economic data releases rarely occur on federal holidays.

Trusted Sources

Reuters, Associated Press, Securities Industry and Financial Markets Association, Federal Reserve Bank of New York.