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SIFMA Recommends Closure of Bond Markets Tuesday

Skyscrapers - Wall Street

The Securities Industry and Financial Markets Association (SIFMA) recommends a full market close on Tuesday, October 30, for the trading of U.S. dollar-denominated fixed-income securities in the United States due to Hurricane Sandy and severe weather.

Hurricane Sandy Damage May Amount Up to $18bn

Hurricane Sandy Damage Still

Hurricane Sandy, on track to disrupt the lives of as many as 60 million people, shut schools and governments from Virginia to Massachusetts today, halted travel, prevented U.S. stock markets from opening and upended the presidential campaign.