Veterans Day: stocks rallied while the bond market was closed, and the 10-year Treasury held at 4.98%
On November 11, 2026, Veterans Day, the U.S. bond market was closed, so the 10-year Treasury yield stayed at its last close of 4.98% from November 10, according to the U.S. Department of the Treasury, while the S&P 500 rose 1.31%, the Dow 0.49% and the Nasdaq 1.60%, as reported by CNBC.
Key numbers
| Number | Reading | Publisher |
|---|---|---|
| 10-year Treasury yield, the last close before the holidayNovember 10, 2026. Daily Treasury Par Yield Curve Rates. The bond market was closed on November 11 | 4.98% | U.S. Department of the Treasury |
| 10-year Treasury yield, the close before thatNovember 9, 2026. Daily Treasury Par Yield Curve Rates | 4.88% | U.S. Department of the Treasury |
| S&P 500, change on the dayAt the close, November 11, 2026 | +1.31% | CNBC |
| Dow, change on the dayAt the close, November 11, 2026 | +0.49% | CNBC |
| Nasdaq, change on the dayAt the close, November 11, 2026 | +1.60% | CNBC |
| Bitcoin priceNovember 11, 2026, about 1:30 PM Pacific time | About $74,652 | CoinGecko |
| Bitcoin, change over 24 hoursNovember 11, 2026, about 1:30 PM Pacific time | Up about 1% | CoinGecko |
| Gold, settlement priceNovember 11, 2026. COMEX gold, December contract | $4,000.50 an ounce | CNBC |
| Gold, change on the dayNovember 11, 2026. COMEX gold, December contract | Down 0.7% | CNBC |
| U.S. crude oil (WTI), settlement priceNovember 11, 2026. NYMEX WTI, December contract | $86.53 a barrel | CNBC |
| U.S. crude oil (WTI), change on the dayNovember 11, 2026. NYMEX WTI, December contract | Up 0.6% | CNBC |
| Brent crude oil, settlement priceNovember 11, 2026. ICE Brent, January contract | $92.76 a barrel | CNBC |
| Brent crude oil, change on the dayNovember 11, 2026. ICE Brent, January contract | Up 1.4% | CNBC |
| Consumer Price Index, all itemsOctober 2026. Released November 10, 2026 | +0.4% in the month | U.S. Bureau of Labor Statistics |
| Consumer Price Index, less food and energyOctober 2026. Released November 10, 2026 | +0.3% in the month | U.S. Bureau of Labor Statistics |
| Los Angeles County median home priceSeptember 2026 | $994,670 | California Association of REALTORS® |
| Los Angeles County median home price, change from a year earlierSeptember 2026 | +1.2% | California Association of REALTORS® |
| Los Angeles County home sales, change from a year earlierSeptember 2026 | Down 10.9% | California Association of REALTORS® |
| Beverly Hills median sale priceThird quarter of 2026 | $3.3 million | PropertyShark |
| Beverly Hills median sale price, change from a year earlierThird quarter of 2026 | +10% | PropertyShark |
| Beverly Hills home salesThird quarter of 2026 | 97 sales | PropertyShark |
| Beverly Hills home sales, change from a year earlierThird quarter of 2026 | Down 15.7% | PropertyShark |
Each figure is its publisher’s own, as first released, and can be revised. Where a publisher has no page for the one date, the link opens its current page, which shows later figures.
Why did the 10-year Treasury yield not change on Veterans Day?
The show opened with a thank-you to every veteran, to everyone serving on active duty, and to their families.
The U.S. bond market was closed on Wednesday, November 11, 2026, for Veterans Day, one of the holidays in SIFMA’s U.S. holiday recommendations for 2026. With no trading, there was no new close for the day.
So the 10-year Treasury yield is unchanged at its last close: 4.98% on November 10, 2026, up from 4.88% the day before, according to the U.S. Department of the Treasury’s Daily Treasury Par Yield Curve Rates. That earlier move was 10 basis points in one day. A basis point is one hundredth of a percentage point. The show said it will have an update on the next episode.
The 10-year yield is one of the market figures that housing watchers follow. One day’s reading describes that day only. It is not a forecast. The economic calendar lists when each report comes out and who publishes it.
How did stocks and Bitcoin do on November 11?
The stock market was open, and stocks closed higher. The S&P 500 rose 1.31%, the Dow rose 0.49% and the Nasdaq rose 1.60% at the close on November 11, 2026, as reported by CNBC.
Bitcoin was about $74,652 at about 1:30 PM Pacific time, up about 1% over 24 hours, according to CoinGecko.
In the show’s words, the bottom line for the day was stocks higher, and the bond market on holiday.
Where did gold and oil settle on November 11?
The show also gave gold and oil, two inflation watch-points. Gold for December delivery settled at $4,000.50 an ounce on COMEX on November 11, 2026, down 0.7% on the day, as reported by CNBC.
U.S. crude oil (WTI) for December delivery settled at $86.53 a barrel, up 0.6%. Brent crude for January delivery settled at $92.76 a barrel, up 1.4%. Both are as reported by CNBC.
In the show’s words: oil feeds gas and shipping costs, and those can show up in inflation. Gold is the classic inflation hedge. These are one day’s settlement prices, not a forecast.
What did the October inflation report show?
The U.S. Bureau of Labor Statistics released the Consumer Price Index for October 2026 on November 10, 2026. Prices rose 0.4% for the month.
Prices other than food and energy, often called core prices, rose 0.3%. The 10-year Treasury yield closed higher on the day of the report, as given above. This article gives the monthly changes only.
How is the Los Angeles housing market doing?
The episode came from the show’s Los Angeles desk, where Claire covered the local market. The latest county figures are for September 2026, from the California Association of REALTORS® September 2026 Home Sales and Price Report.
Los Angeles County’s median home price was $994,670, up 1.2% from a year earlier. Home sales in the county were down 10.9% from a year earlier.
In the show’s words: steady prices, fewer sales.
How is the Beverly Hills housing market doing?
The show then went one city deeper, to Beverly Hills. The figures are for the third quarter of 2026, from PropertyShark’s residential market trends for Beverly Hills.
The median sale price in Beverly Hills was $3.3 million, up 10% from a year earlier. There were 97 sales in the quarter, down 15.7% from a year earlier.
In the show’s words: firmer prices, fewer sales.
What else was on the show?
The show’s three audience desks, Tech · Sports · Entertainment, each made one general point. Stock compensation vests on a company’s schedule, and lenders usually look at the history and vesting schedule of that income. Contract income is documented differently from a salary, and lenders typically read the contract itself, such as how long it runs and how it pays. Entertainment income often arrives unevenly, and lenders commonly look at income over a longer stretch of records, rather than one month. This is general information, not a promise of approval.
In California, many homes cost more than the county loan limit, and a loan above that limit is called a jumbo loan. The limits differ by county and change each year. See the 2026 loan limits for California counties and the Los Angeles page.
Who presented the show?
Oliver and Nora opened the show from the Los Angeles desk. Linh covered tech, Andre covered athletes, Nora covered entertainment and Claire covered the California market. All five are AI-generated presenters. They are not real people and are not licensed loan originators.
The Daily Mortgage Show is from Sam Batayneh, VP of Mortgage Lending at OriginPoint, NMLS 332474. Sam has originated mortgages since 2004. Sam’s quote of the day on this episode: “We’re not in a buyer’s market. We’re not in a seller’s market. We’re in a contrarian market.”
Common questions
Why was the bond market closed on Veterans Day?
What is the Consumer Price Index?
What is a jumbo loan?
Are the presenters of The Daily Mortgage Show real people?
Watch the show
This article is the written version of the November 11, 2026 episode of The Daily Mortgage Show on SamBatayneh.tv, presented by Oliver, Nora, Linh, Andre and Claire. The presenters are AI-generated.
Episode page: The Daily Mortgage Show, Wednesday, November 11, 2026
Sources
- U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates, 10-year, November 10, 2026
- SIFMA, U.S. holiday recommendations for 2026 (Veterans Day, November 11)
- U.S. Bureau of Labor Statistics, Consumer Price Index, October 2026, released November 10, 2026
- CNBC, closing levels of the S&P 500, the Dow and the Nasdaq, November 11, 2026
- CNBC, settlement prices of gold (COMEX), WTI crude (NYMEX) and Brent (ICE), November 11, 2026
- Yahoo Finance, gold, WTI and Brent futures (settlements matched), November 11, 2026
- CoinGecko, Bitcoin price, November 11, 2026
- California Association of REALTORS®, September 2026 Home Sales and Price Report (Los Angeles County)
- PropertyShark, Beverly Hills residential market trends, third quarter of 2026
- The Daily Mortgage Show on SamBatayneh.tv, episode of November 11, 2026
The Daily Mortgage Show’s presenters are AI-generated. This article is general information, not advice or a commitment to lend.
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