Stock Traders Sleep, Bond Markets Work as Data Hit
This article is for subscribers only.
Tom Schrader, co-head of U.S. stock trading at Stifel Nicolaus & Co., plans to sleep in tomorrow. That’s not an option for all of his bond-market colleagues, said William Heinzerling, the firm’s head of fixed income.
The New York Stock Exchange observes the Christian holiday of Good Friday. The U.S. government doesn’t, sticking to its regular schedule of releasing economic reports with the potential to move markets.