Is the US bond market closed on Martin Luther King Day?
The short answer
Yes. SIFMA recommends a full market close for US dollar-denominated fixed income trading in the US, UK and Japan on Martin Luther King Day. For 2026 that date is Monday, January 19, according to SIFMA.
What closes on the day
SIFMA's recommendation covers trading of US dollar-denominated government securities, mortgage- and asset-backed securities, over-the-counter investment-grade and high-yield corporate bonds, municipal bonds, and secondary money market trading in bankers' acceptances, commercial paper and Yankee and Euro certificates of deposit, according to SIFMA.
SIFMA states its recommended closes are recommendations only: each member firm decides for itself whether its fixed income departments stay open, and recommendations can change with market conditions.
Dates for Martin Luther King Day
SIFMA's holiday schedule lists Martin Luther King Day on Monday, January 19, 2026. Its 2025 press release named Monday, January 20, 2025, and its 2024 release named Monday, January 15, 2024.
The New York Stock Exchange also lists Martin Luther King, Jr. Day as a market holiday on January 20, 2025, January 19, 2026 and January 18, 2027, according to the NYSE hours and calendars page.
What the sources do not state
The sources above do not give specific trading hours for the bond market on Martin Luther King Day, and they do not state whether every individual bond desk is closed. SIFMA's schedule lists no early close around this holiday.
| Year | Date | Source |
|---|---|---|
| 2024 | Monday, January 15 | SIFMA |
| 2025 | Monday, January 20 | SIFMA; NYSE |
| 2026 | Monday, January 19 | SIFMA; NYSE |
| 2027 | Monday, January 18 | NYSE |
Questions
Is the bond market closed on MLK Day?
SIFMA recommends a full close for US dollar-denominated fixed income trading on Martin Luther King Day, including Monday, January 19, 2026.
Is the stock market closed on Martin Luther King Day?
Yes. The NYSE lists Martin Luther King, Jr. Day as a market holiday, including January 19, 2026.
Is there an early close for the bond market before Martin Luther King Day?
SIFMA's holiday schedule lists no early close around Martin Luther King Day.
Sources
- SIFMA holiday schedule
- SIFMA press release, Martin Luther King Day 2026
- SIFMA press release, Martin Luther King Day 2025
- SIFMA press release, Martin Luther King Day 2024
- NYSE hours and calendars
Checked against these official sources on October 28, 2026 by the Kairotick team. Rules and schedules change; check the source before you rely on a detail.
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