Open and Shut
By:
Matthew Graham
•
Monday brings a courtesy trading day for bond market participants. Those who want/need to trade can do so while those who wanted the 4 day weekend don't need to stress too much about taking it. ISM Manufacturing is the only big ticket econ data and it garnered a bit less than half the volume seen in response to last Thursday's AM data. Unless something unexpectedly significant happens, the day is over as soon as it began and the opening commentary is also the closing commentary.