Is the Bond Market Open on Labor Day 2026? SIFMA Hours
September 7
Is the Bond Market Open on Labor Day 2026? SIFMA Hours
US Bond Market (SIFMA) are closed on Monday, for Labor Day.
- Next holiday
- Columbus Day, October 12, 2026
- Regular hours
- 8:00 am to 5:00 pm ET
Full schedule and background: Bond Market Holidays.
Updated
The US bond market is closed on Monday, September 7, 2026 for Labor Day, following the recommended holiday schedule published by the Securities Industry and Financial Markets Association (SIFMA). SIFMA does not run the bond market itself but issues the trading and settlement recommendations that dealers, banks and brokers across the US Treasury, mortgage-backed securities and municipal bond markets follow. On this day there is no new bond trading activity in the US, no settlement processing, and no update to benchmark Treasury yields until markets reopen on Tuesday, September 8, 2026. Any bond orders entered on the holiday queue for the next business session. For the full run of dates, see the bond market holidays calendar.
Because equities and bonds in the US both observe federal holidays, the New York Stock Exchange and Nasdaq are also shut that day. Only cryptocurrency markets, which trade around the clock every day of the year, remain unaffected.
Which markets are closed on Labor Day 2026?
| Market | Status | Notes |
|---|---|---|
| US Bond Market (SIFMA) | Closed | No trading or settlement; recommended closure across Treasuries, MBS and munis |
| NYSE and Nasdaq (equities) | Closed | Federal holiday; both exchanges shut all day |
| CME futures (rates, equity index, commodities) | Closed | Most CME markets have no trading session; some products have a shortened Sunday evening open |
| US options (Cboe, NYSE, Nasdaq) | Closed | Follows the equity market calendar |
| London Stock Exchange (LSE) | Open (regular hours) | Labor Day is a US-only holiday; UK markets trade as normal |
| Euronext (Paris, Amsterdam, Brussels) | Open (regular hours) | No corresponding European holiday on this date |
| Tokyo Stock Exchange (TSE) | Open (regular hours) | Not a Japanese public holiday |
Is the market open the day before and after?
Friday, September 4, 2026 is a full, regular trading day for the bond market, with SIFMA’s recommended hours running from 8:00 am to 5:00 pm ET. There is no early close ahead of Labor Day: the market trades a full session on the Friday, closes completely on the Monday holiday, and reopens with normal hours on Tuesday, September 8, 2026. Unlike the day after Thanksgiving or Christmas Eve, Labor Day itself does not come with a shortened trading day either side, so investors should not expect any 1:00 pm ET early finish connected to this particular holiday.
Why do markets close for Labor Day?
Labor Day became a US federal holiday in 1894, created to honour the contributions of American workers and the labour movement following decades of organised campaigning for shorter hours and safer conditions. It falls on the first Monday in September each year.
Financial markets, including the bond market, have observed it as a full closure ever since it became a recognised holiday, alongside other exchanges and clearing systems that follow the same federal calendar. The pause gives back-office and settlement staff a break at the point in the year when trading volumes typically begin to build again after the quieter summer months, and it aligns with bank holidays so that most parts of the financial system are shut in unison rather than only some.
What It Means for Your Money
If you have a pending bond trade, a bond fund order, or a bond ETF trade that would normally settle around this date, expect it to move by one business day. US Treasury and corporate bond settlement generally runs on a T+1 basis, so a trade that would have settled on Monday will instead settle on Tuesday, September 8, 2026. This has knock-on effects for anyone relying on that cash being available, including retirees drawing income from bond funds and treasury managers at companies who plan cash flow around coupon payments.
Interest payments and coupon dates scheduled for Labor Day itself are typically paid on the next business day rather than being lost, but check the specific terms of any bond or fund you hold if a payment date falls on or near September 7. Mortgage rates, which are priced off Treasury yields, will simply reflect the last available yield from Friday’s close until bond trading resumes Tuesday; there is no new pricing signal from the market during the holiday. Bank branches in the US are closed on Labor Day, so in-person transactions, wire transfers and some payroll processing may be delayed by a day, which matters if you are expecting a salary payment or a transfer to clear around this date. Savings account interest continues to accrue as normal since it is calculated daily regardless of market hours. Currency markets, including trading in the dollar, pound and euro, remain largely liquid globally even when the US is closed, though volumes are typically thinner. Cryptocurrency markets are unaffected and continue trading 24 hours a day, seven days a week.
Remaining SIFMA bond market holidays in 2026
- Columbus Day: Monday, October 12, 2026 (closed)
- Veterans Day: Wednesday, November 11, 2026 (closed)
- Thanksgiving Day: Thursday, November 26, 2026 (closed)
- Day After Thanksgiving: Friday, November 27, 2026 (early close, 2:00 pm ET)
- Christmas Eve: Thursday, December 24, 2026 (early close, 2:00 pm ET)
- Christmas Day: Friday, December 25, 2026 (closed)
- New Year’s Eve: Thursday, December 31, 2026 (early close, 2:00 pm ET)
Frequently Asked Questions
Is the stock market open on Labor Day 2026?
No. The NYSE and Nasdaq are closed on Monday, September 7, 2026, the same day the bond market is closed, since Labor Day is a shared US federal holiday.
Is the bond market open the day after Labor Day?
Yes. The bond market resumes its normal SIFMA-recommended hours of 8:00 am to 5:00 pm ET on Tuesday, September 8, 2026.
What time does the bond market normally close?
SIFMA recommends bond trading run from 8:00 am to 5:00 pm ET on a regular day, though on Labor Day there is no trading session at all.
When is the next bond market holiday after Labor Day?
The next scheduled closure is Columbus Day on Monday, October 12, 2026.
Are banks open on Labor Day?
No. US retail and commercial banks are generally closed on Labor Day, which can delay in-person transactions, wire transfers and some payroll processing by one business day.