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News for: Bond Markets
Showing 121 - 144 of 188 results
Jun 26, 2025 2:00 PM
— Bond Markets
The Trend is Friendly For Now
Bonds have shifted from range-bound to trending lower in yield over the past few days, with today being a confirmation of that shift. Despite yields being at the lowest levels in more than a month, there was solid 7yr Treasury auction today. The data wasn't a huge factor in today's improvement, but there are underlying reasons for the vigor in bonds.
Jun 26, 2025 7:00 AM
— Bond Markets
Tons of Data, But Not a Ton of Movement
Despite a busy economic calendar with significant reports such as Durable Goods and GDP, trading volume fell short compared to past sessions. Mixed signals in the data have led to a neutral stance for the day.
Jun 25, 2025 2:00 PM
— Bond Markets
Mid Day Reversal Leaves Bonds Slightly Stronger
Bond market experienced light selling pressure initially but bond buyers were able to regain control in the afternoon. The Fed's announcement of changes to banking rules also provided some support to the market. Yields closed at their lowest levels since May 7th.
Jun 25, 2025 8:00 AM
— Bond Markets
Lighter Calendar and Light Selling
Bonds are pausing today after reaching the best levels in more than a month. The event calendar is not very impactful, with the main source of potential volatility being the afternoon's 5yr Treasury auction.
Jun 24, 2025 2:00 PM
— Bond Markets
Solid Response to Data and Dovishness
The morning commentary highlighted Jerome Powell's relatively dovish tone in congressional testimony, which provided hope for low rates. Another important development was the labor differential in the Consumer Confidence Index, indicating challenging labor market conditions post-covid lockdowns. Bonds rallied early and closed with incremental gains. MBS were up 9 ticks and 10yr down 5.3bps.
Jun 23, 2025 8:00 AM
— Bond Markets
Bonds Don't Always React to War Like You'd Expect
Long-time bond watchers generally believe that war leads to increased global economic uncertainty, driving safe-haven demand for US Treasuries and helping rates. However, the recent Russia/Ukraine conflict resulted in a paradoxical spike in rates due to inflation implications. Despite anticipation of a similar risk with oil prices over the weekend, there was no significant reaction in bonds. As th... more
Jun 21, 2025 5:02 AM
— Bond Markets
Unofficial 4 Day Weekend
Trading sessions without many participants, like the Friday after Thanksgiving, are often uneventful with markets trading in narrow ranges. Even on holidays like Juneteenth, the market continues to trade within the same old range in a predictable pattern.
Jun 18, 2025 3:00 PM
— Bond Markets
Fed Threads Needle of Apathy
The Federal Reserve's updated dot plot was released with minimal impact on the bond market initially. However, after Fed Chair Powell suggested waiting a couple of months to make a decision, there was a slight increase in bond yields. Overall, the Fed managed to maintain market apathy despite the dot plot release.
Jun 17, 2025 2:00 PM
— Bond Markets
Dot Plot in Focus With Fed's No Cut Announcement
Bonds initially lost some ground after positive economic data but recovered in the afternoon due to general risk-off vibes surrounding geopolitical headlines. The upcoming release of the Fed's rate outlook could provide more trading justification.
Jun 17, 2025 8:00 AM
— Bond Markets
Econ Data Not Weak Enough to Help
Bonds were stronger overnight but trading levels remain in a narrow range. Despite weaker Retail Sales data, bond buying was not as strong as expected. The control group of retail sales had a positive upward revision, influencing bond performance. Bonds lost ground after the data was released.
Jun 16, 2025 1:00 PM
— Bond Markets
Token Weakness Without a Cause
Recent bond movements have shown a rally followed by a sell-off, with 30yr yields increasing almost 10bps over two sessions. Geopolitical motivations and fiscal concerns do not seem to be significant factors affecting these movements. The market is currently considered rangebound with a potential pull-back after lower yields were observed last Thursday.
Jun 16, 2025 1:00 PM
— Bond Markets
Mortgage Rates Drift Slightly Higher to Start The Week
Despite political and geopolitical headlines, the bond market has seen little inspiration in the past 2 business days. Bonds and rates have moved slightly lower, possibly in response to last Thursday's lower rates or in anticipation of caution ahead of upcoming data and a Fed announcement. The losses have been modest, leaving rates in the middle of their range over the past 2 months. Retail Sales ... more
Jun 16, 2025 7:00 AM
— Bond Markets
Slow Start Leaves Focus on The Next 2 Days
Bonds rallied last Wednesday and Thursday but pulled back slightly on Friday. Trading levels at the start of the new week are similar to Friday's levels. The focus is on Wednesday's Fed dot plot for potential bond market volatility. Geopolitical headlines have not had a significant impact on bonds. The overall trend appears rangebound, but there is evidence of a general downtrend.
Jun 14, 2025 6:02 AM
— Bond Markets
Not Reading Too Much Into Friday's Weakness
The bond market experienced a selling spree possibly sparked by Consumer Sentiment, although there were nuances in the timing and reasons behind the selling. Selling began after the unofficial opening bell for bond market trading and continued despite a delay after the data release. Traders may be moving to the sidelines ahead of next week's potential geopolitical developments and Fed announcement... more
Jun 13, 2025 7:00 AM
— Bond Markets
Opening Weaker Despite Israel/Iran Headlines
Israel's attack on Iran caused stock market gains to be erased and pushed bond yields to the lowest levels in over a month. The overnight trading pattern is unpredictable and despite the volatility, over-analyzing it may not be worth it. There are various factors at play influencing bond yields, including economic strength and inflation, with oil prices potentially being an ancillary consideration... more
Jun 12, 2025 7:00 AM
— Bond Markets
Higher Bar For Additional Gains Despite Lower PPI
The PPI core monthly number came in at 0.1 vs the forecast of 0.3, leading to a small rally in bonds that was not as significant as the previous day's rally. The outcome may have been priced in to some extent, and the yield curve and Fed Funds Rate expectations are also factors to consider.
Jun 11, 2025 2:02 PM
— Bond Markets
Nice Rally on Data and Auction Results
Bonds had a straightforward session on Wednesday, rallying after a large CPI beat and a well-received 10yr Treasury auction. Both shorter and longer maturities saw gains, with 10yr yields down 3.7bps at 4.439 and MBS up a quick quarter point. The day ended with MBS hitting new highs and bonds at new low yields.
Jun 10, 2025 2:00 PM
— Bond Markets
No Drama Today. How About Tomorrow?
After a slow start, the bond market remained flat throughout the day despite a weak 3yr Treasury auction. Trade talks between the US and China are potentially extending into a 3rd day. Tomorrow's focus will be on trade-related news, a 10yr Treasury auction, and CPI data. The market cares more about long-term inflation outlook rather than current data.
Jun 10, 2025 8:00 AM
— Bond Markets
Bumpy Start; No Data; Waiting on Auction and Trade Headlines
Bonds are experiencing a small amount of volatility this morning, but it is not significant in the overall market. MBS have returned to unchanged levels after a brief moment of weakness at 10:15am ET. 10-year yields rose slightly but are still almost 1 basis point lower. The Treasury auction and trade-related headlines are expected to drive any bigger-picture momentum in the absence of relevant ec... more
Jun 9, 2025 1:51 PM
— Bond Markets
Gentle Rally Gently Reverses After Trade Headlines
Bond markets closed stronger, maintaining most of the gains from the morning. However, a slight increase in 10yr yields later in the day was attributed to positive comments on US/China trade talks. The market's reaction to trade-related headlines was evident. MBS increased by 3 ticks and 10yr yields decreased by 1.3bps.
Jun 9, 2025 6:51 AM
— Bond Markets
Shifting Gears After Friday's Volatility
The bond market is currently in a stable range due to recent economic data. 10yr yields are hovering between 4.4 and 4.56. With no major data releases expected, market movements will be influenced by fiscal/trade headlines.
Jun 7, 2025 9:02 AM
— Bond Markets
Perfectly Logical Reaction to On-Target Data
The bond market experienced a sell-off following a modest beat in the NFP report, despite negative revisions. Wednesday's rally was based on expectations for Friday's jobs report, which did not meet expectations. The NFP remains at decent levels and is not as concerning as recent weaker data would suggest.
Jun 7, 2025 3:02 AM
— Bond Markets
Jobs Report Not Bad Enough to Justify The Lead-Off
The bond market was initially expecting a lower number for the non-farm payroll report due to recent weaker economic data, but when the actual number came out at 139k, traders rushed to get back into a more neutral position. The unemployment rate remains relatively steady at 4.2% and the previous month's NFP revision does not indicate significant weakness.
Jun 5, 2025 2:00 PM
— Bond Markets
Bonds Dial Back Ahead of Big Jobs Report
Bonds had an interesting day with a hawkish European Central Bank announcement, news of a Trump/Xi phone call affecting trade relations, a Trump/Musk social media exchange impacting stocks, and market movements ahead of the jobs report. Overnight, MBS were slightly stronger but lost ground after the ECB announcement.
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.