The United States today observes a national day of mourning for Jimmy Carter following his death on December 29. This led to a rewrite of the economic calendar with the bond auction scheduled for today moved up and economic data released adjusted.

SIFMA recommends an early close for fixed income trading at 2:00 PM ET so that market will stiffly offer something of a guide. Yields are down 3-5 bps across the curve today.

US stocks and options are closed today, and futures will cease trading during regular business hours and resume at 8:15 PM ET.

One odd thing that isn’t clear is that five Fed officials have speeches scheduled for today. Eamonn gave details of what he is expected to discuss. I’m guessing some of them have been moved, but the first one is Harker at 9am ET. The theme is “Right now, it’s putting one foot in front of the other” so I think that gives us an idea of ​​what he’s going to say about interest rates.

Another speech to watch is the last of the day, from the Fed’s Bowman at 1:35 PM ET. Not only could it be delayed because of Carter’s funeral, but Laguna Beach, California, is facing a possible power outage due to a fire warning.