MarkZ

[via PDK]   Most of my bond contacts think this is our last weekend. I pray it is.  Overwhelming bond folks think they get their money over the weekend.  I assume with the Fednow system down they will have access on Monday. We are hoping and praying this is true. Question:  Why is Fednow down?  MarkZ:  Because of a whole new update. Bank wires are down, many government sites are down. Many banks doing system upgrades. Even the IRS is getting a system upgrade. Between the 11th and 14th of July many financial things are getting upgrades. We are hopeful that things are about to have a new value. This is one of the steps that needed to be completed so they can flip the switch.