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News for: Bond Markets
Showing 145 - 168 of 188 results
Jun 5, 2025 7:17 AM
— Bond Markets
Bumpy Start; Data Overshadowed by Other Events
Bonds initially rallied in the morning but quickly reversed gains, with the shift attributed to stock market volatility and the Trump/Xi call, as well as the ECB announcement. This led to Treasuries and MBS returning to roughly unchanged levels.
Jun 4, 2025 8:24 AM
— Bond Markets
JOLTS Data Didn't Help, But it Didn't Hurt Much Either
Bond market showed moderate strength overnight, weakened after Job Openings data was released but recovered in the afternoon. Headlines about the Senate taking up the budget bill did not have a significant impact on the bond market. Overall, bonds closed roughly unchanged. Next focus is on ISM Services data. 10yr yields ended slightly higher at 4.47, MBS slightly down, but there was a decent recov... more
Jun 4, 2025 8:23 AM
— Bond Markets
Weaker Econ Data. Lower Yields
The bond market had a simple morning as key economic reports came in weaker than expected. ADP employment numbers were significantly lower than forecasted, while ISM Services data showed weaker growth metrics but an increase in the employment index. The ISM price index also continues to rise, catching the attention of the bond market.
Jun 2, 2025 4:00 PM
— Bond Markets
New Month Selling Trumps ISM Data
The bond market experienced some excess strength due to month-end trading last week, resulting in the lowest yields of the day. However, the yields were still targeted by sellers leading to a modest correction at the beginning of a new month. Despite the correction, yields remained towards the lower end of the recent range.
Jun 2, 2025 8:01 AM
— Bond Markets
Softer Start Despite Tame ISM Manufacturing Data
The ISM Manufacturing PMI report has the potential to influence the bond market, with today's weaker result helping bonds avoid additional weakness. 10yr yields are slightly lower, hovering around 4.45%, as investors await more data.
May 31, 2025 3:01 AM
— Bond Markets
Strongest Close of the Week After Well-Contained Month-End Volatility
Today's economic data had little impact as it met expectations. Month-end trading environment likely influenced bond market, resulting in bonds reaching strongest levels of the week by a small margin.
May 29, 2025 1:00 PM
— Bond Markets
Mortgage Rates Move Slightly Lower After Today's Data
There was behind-the-scenes volatility in the bond market today, but it had a minimal impact on mortgage lenders. The bond market initially weakened due to news on tariffs, but reversed after the release of weak economic data. The weaker data was good for bonds and rates, leading to a modest drop in the average conventional 30yr fixed rate.
May 29, 2025 8:00 AM
— Bond Markets
Overnight Trading Makes No Guarantees
Overnight trading initially reacted to news of a U.S. trade court blocking Trump tariffs, but the markets quickly reversed course the following morning. Bond traders do not believe the court ruling will have a lasting impact on tariff policy. Economic data released in the morning also contributed to the reversal, with weaker claims and GDP numbers.
May 29, 2025 7:01 AM
— Bond Markets
Minimal Movement Amid Absence of Data
The bond market had a fairly uneventful session, with the 5yr Treasury auction resulting in little change. Traders sold off before the auction and bought back in afterwards. The Federal Reserve Minutes did not have much impact on market volatility. Economic data in the coming days may influence market movement, along with month-end trading potentially causing significant swings for unknown reasons... more
May 28, 2025 10:00 AM
— Bond Markets
Hesitation Ahead of Treasury Auction and Month-End
Bonds started the week positively but are now facing resistance, highlighting the need for a strong catalyst for sustained improvement. Possible factors include weak economic data, low inflation, or reduced Treasury issuance. Today, bonds are pausing ahead of a 5yr Treasury auction, with risk parity trading affecting both stocks and bonds.
May 27, 2025 3:01 PM
— Bond Markets
Bonds Finally Seeing Some Support
Japanese bonds, weak labor market data, and re-positioning after a holiday weekend contributed to bonds hitting their best 3pm close in 2 weeks. The heavy selling in May and recovery from high yields suggests a short-term ceiling until further notice. The upcoming week's data will provide more information on momentum shifts.
May 27, 2025 9:00 AM
— Bond Markets
Japan? Something Else? Does it Matter?
Last week's headlines raised concerns about volatility in the Japanese bond market affecting US yields, but today's correction in Japanese yields has led to strength in Treasuries. The movement in Treasuries is not significant compared to recent trends. Overall, the larger movements in Japanese government bonds have shown no correlation with Treasuries. The impact of Japan on US yields should be t... more
May 24, 2025 3:01 AM
— Bond Markets
A Little Early Excitement
Bonds initially reacted to Trump comments on raising EU tariffs, causing movements in the market. However, by the end of the day, stocks and bonds were moving back in the opposite direction, ending with modest gains. The day concluded with slightly weaker levels compared to the past 3 months.
May 22, 2025 2:02 PM
— Bond Markets
Slightly Stronger Because Not Every Day Can be Weaker
Bond yields have been trending higher in May but experienced gains due to sellers taking a break. The gains were not driven by data or fiscal news, but possibly due to position-squaring before a holiday weekend. 10yr bond yields were down slightly in MBS.
May 22, 2025 7:00 AM
— Bond Markets
Conspicuous Absence of Volatility After Data and Spending Bill Vote
The passage of the spending bill in the House led to only a modest extension of losses in stocks and bonds, as they had already been pricing it in throughout the week. Yields recovered into positive territory before the morning economic data release and have not changed much since then. Overall, there was surprisingly low volatility considering the news and lack of economic data for the week.
May 21, 2025 3:01 PM
— Bond Markets
Treasury Auction Blamed as Bond Vigilantes' Smoking Gun
The bond market experienced some volatility due to the 20-year auction, resulting in selling in both stocks and bonds. However, the auction was not as significant as the market reaction suggested.
May 21, 2025 8:01 AM
— Bond Markets
Nothing For Bonds to Trade But Fiscal Disillusionment
Despite a lack of relevant economic data and the impending holiday weekend affecting participation and increasing potential volatility, bonds are feeling disillusioned with the fiscal outlook as congress debates spending. Yields have been in a short-term range since the US/China tariff pause but are now being pushed towards the top of that range due to fiscal disillusionment.
May 20, 2025 3:00 PM
— Bond Markets
Ultimately Sort of Flat if You Use Your Imagination
Bonds were relatively flat today with 10yr yields up slightly. There was modest volatility in the morning due to budget headlines, but overall, the market is waiting for more significant news to impact bond yields.
May 20, 2025 7:00 AM
— Bond Markets
Budget Battle Hitting Bonds Amid Empty Calendar
The bond market is experiencing movement cues from sources other than economic data, such as corporate bond issuance and budget battle news. Bonds are protesting a lack of fiscal restraint and are concerned about potential higher Treasury issuance.
May 19, 2025 2:01 PM
— Bond Markets
(Un)Surprising Reversal After Initial Weakness
The market initially had a knee-jerk reaction to Moody's US credit rating downgrade, leading to sharp losses in stocks and bonds. However, the overall impact was limited as other rating agencies had already downgraded the US credit rating. Bonds ended the day weaker compared to the previous week but stronger compared to immediately after the Moody's news.
May 17, 2025 5:02 AM
— Bond Markets
Moody's Pulls Pin And Walks Away With 10 Minutes Left to Trade
Bonds started the day stronger, but began to sell off after an inflation expectations reading from 1981. Moody's downgraded the US credit rating near the end of the day, leading to some last-minute selling before the 5pm cut-off.
May 15, 2025 3:00 PM
— Bond Markets
Today's Gains Help Us Understand Yesterday's Losses
The bond market saw a rally following Powell's speech, with speculation that potential updates to the inflation framework might have caused nervousness among investors. Despite modest gains earlier in the day, both MBS and the 10yr yield were down by the end of the day.
May 15, 2025 7:00 AM
— Bond Markets
A No Whammies Rally For Bonds After Data and Powell
Today's market action is helping to explain yesterday's sell-off, with retail sales' control group below expectations. Powell's speech at the policy framework conference led to bigger moves and higher volume, possibly due to concerns about a shift towards tolerating higher policy rates. The market has almost completely reversed yesterday's weakness, but yields are bouncing before completing the jo... more
May 14, 2025 3:00 PM
— Bond Markets
Another Just Because Sell Off
The article discusses recent sell-offs in the bond market with no clear catalysts, forcing market watchers to come up with narratives to explain the situation. One possible reason for the sell-off could be a broad rotation out of bonds and into stocks. Mortgage-backed securities (MBS) are down, and 10-year Treasury rates are up, indicating higher mortgage rates for consumers. The article suggests ... more
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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.