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News for: Bond Markets
Showing 241 - 264 of 369 results
Aug 18, 2025 2:24 PM
— Bond Markets
Incidental Weakness or a New Trend?
Trading levels in the bond market today broke to slightly worse levels than last week, potentially indicating a trend toward progressively weaker levels. However, other factors like volume, time of year, and the economic calendar suggest it could just be incidental movement within a narrow range. August's trading remains within the range set by a post-jobs report rally.
Aug 18, 2025 7:24 AM
— Bond Markets
Light Calendar; Early Selling
Summertime trading conditions have led to distinct phases of selling pressure in the bond market despite moderate overnight strength. The movement today is not being driven by economic data, as the only offering on the calendar is NAHB builder confidence.
Aug 15, 2025 1:23 PM
— Bond Markets
Weaker Conclusion But No Major Big Picture Implications
Bond markets held mostly sideways until the afternoon hours when they saw a mini snowball effect that took yields to their highest levels of the week. Despite mixed reactions to economic data, little has changed since last Friday's jobs report. 10yr yields are currently up 3.5bps on the day at 4.321 while MBS are down 3 ticks (.09) on the day.
Aug 15, 2025 7:23 AM
— Bond Markets
Minimal Reaction to Decent Retail Sales Data
The Retail Sales report came in as expected, with core retail sales exceeding forecasts. This data provides cover for a potential sell-off in the bond market, but there has only been minimal weakness in response so far.
Aug 14, 2025 12:24 PM
— Bond Markets
Bonds Hold The Range Despite More Data-Driven Volatility
Today's Producer Price Index (PPI) came in at 0.9, surpassing the forecast of 0.2 and reaching the highest point since post-covid hyperinflation. This caused visible damage to bonds, with 10yr yields rising from 4.20% to closer to 4.30%. The PCE components in the PPI data indicated a less severe impact on the PCE data in 2 weeks, but concerns remain about tariffs affecting a return to the 2% infla... more
Aug 14, 2025 8:23 AM
— Bond Markets
Producer Prices Surge, Complicating The Rate Cut Outlook
The Producer Price Index came in higher than expected at 0.9%, driven by increases in trade services, machinery/equipment, portfolio management, and vegetables. This caused some weakness in bonds but not as significant as if the CPI had reported a similar beat. PPI is more volatile than CPI and suggests a smaller spike in consumer inflation.
Aug 13, 2025 7:25 AM
— Bond Markets
Follow-Through Rally as Fed Rate Cut Expectations Increase
Bonds rallied overnight due to lower EU yields, stable inflation in Germany, lower oil prices, and increased odds of a rate cut at the September meeting. Despite the improvement in yields, the bigger picture remains relatively stable in the 4.2-4.3 range as the market awaits the next jobs report.
Aug 12, 2025 2:26 PM
— Bond Markets
Bonds Eventually Pass on Decisive Reaction to Tuesday's Data
Bonds rallied after core CPI data was released at 8:30am, with the annual headline number showing improvement. However, there were concerns about rising inflation in categories like core services and goods, partly offset by declining housing related inflation. The market reaction was mixed, underscoring the importance of the next jobs report in determining the direction of rates.
Aug 12, 2025 6:24 AM
— Bond Markets
Mixed Reaction Thanks to Messy Internal CPI Components
The CPI data released this morning met expectations, with the monthly headline at 0.2 and the core at 0.3. Bonds are slightly stronger, but there are arguments for them to be selling off based on other factors. Despite being green on the day, bonds may see gains erode as markets process the implications.
Aug 11, 2025 1:24 PM
— Bond Markets
Bonds Mostly Steady Ahead of CPI
Treasuries slightly outperformed MBS today, with both remaining close to unchanged overall. The bond market has been mostly sideways since the last major cue from the jobs report earlier in the month. The upcoming CPI report on Tuesday is expected to be the most significant data release of the week, potentially impacting volatility. Traders are particularly interested in sorting out tariff-impacte... more
Aug 9, 2025 3:23 AM
— Bond Markets
Empty Calendar and Summertime Drift
The bond market in early August is experiencing limited movement and narrower ranges. Yields have crept up slightly after dropping last Friday. The only major technical level overhead is 4.28. Bond market momentum will be clearer after next Tuesday's CPI.
Aug 8, 2025 1:23 PM
— Bond Markets
Focus Shifts to Next Week's High Stakes CPI
Bonds lost ground at the fastest pace of the week on Friday, but overall trading helped solidify gains from the previous week's jobs report. Focus is now on the upcoming CPI report as it could impact the next big move for rates. Treasuries closed at their weakest levels with 10-year rates rising.
Aug 7, 2025 2:24 PM
— Bond Markets
Fairly Resilient Despite Bumpy Auction
Morning economic data was limited to Jobless Claims, which came in higher than expected but not enough to cause a significant rally in bonds. Despite losing ground after a 30yr bond auction, bonds did a decent job of holding their ground in the last few hours of the day.
Aug 6, 2025 8:23 AM
— Bond Markets
Super Calm Post-NFP Week Continues
This week has been unusually calm in trading following the release of the jobs report. The market hasn't seen much movement or relevant data, with the only possible event being the 10-year Treasury auction. The outcome of the auction could provide insight into the market's sentiment and intentions.
Aug 5, 2025 2:23 PM
— Bond Markets
Bonds Hold Steady After Modest Data-Driven Rally
The ISM Services data was a mixed blessing for bonds, with an uptick in the inflation component but all other components suggesting a mild economic deceleration. Bonds ended the day closer to unchanged levels, with MBS outperforming due to heavy auction supply for Treasuries. Overnight and after the ISM data, 10yr was up slightly at 4.215, while MBS were down a bit. There was no major reaction to ... more
Aug 4, 2025 2:53 PM
— Bond Markets
Calmly Closing at Best Levels Since April
Following a calm post-NFP Monday, bonds closed slightly stronger, reaching the best levels since early April for MBS. Treasury yields are not doing quite as well as April's lows, reflecting lingering impacts of tariffs and fiscal policy. The day lacked actionable econ data, with the focus shifting to ISM Services on Tuesday.
Aug 1, 2025 1:23 PM
— Bond Markets
Big Old Rally After HUGE Downward NFP Revisions
The non-farm payrolls report showed significantly lower numbers than expected, with substantial revisions to the previous two months as well. This has led to a reevaluation of Fed rate cut odds, causing Fed Funds Rate expectations to drop. Treasury yields have decreased, particularly the 2yr yields, which are closely tied to the Fed Funds Rate. MBS have also seen an increase in value.
Jul 31, 2025 1:23 PM
— Bond Markets
Month-End Volatility Erodes Modest Gains
Bonds were slightly stronger overnight and remained relatively stable despite morning economic data. Both stocks and bonds pared long positions in the afternoon, resulting in losses during typical closing times. Despite giving up overnight gains, bonds stayed close to 'unchanged' levels as they headed into Friday's big jobs report.
Jul 31, 2025 7:24 AM
— Bond Markets
No Whammies From PCE
The PCE Price Index for June was released, with core monthly PCE coming in lower than expected. Despite this, bonds are holding modest overnight gains due to lower jobless claims and higher employment costs.
Jul 30, 2025 6:53 AM
— Bond Markets
Deceptively Strong GDP Causing Early (Possibly Unjustified) Weakness
Two key reports were released at the start of trading: ADP data and GDP. ADP data showed moderate job growth, while GDP beat expectations. However, bonds are trading GDP beat despite the fact that true domestic demand metrics are falling. Core PCE prices were higher than expected, increasing the risk of tomorrow's PCE data being hotter. Bonds have only partially erased yesterday's gains and the Fe... more
Jul 29, 2025 2:24 PM
— Bond Markets
Bonds Firing on All Cylinders After Data and Treasury Supply
The bond market experienced a flow state on Tuesday with steady buying after economic data, a strong 7-yr auction, and additional buying after the auction. Buyers seemed encouraged by friendly data and Treasury supply timing, with yesterday's auctions not benefiting from updated Treasury borrowing estimates. By the time of today's 7-yr auction, buyers felt confident after knowing the quarterly ref... more
Jul 29, 2025 10:24 AM
— Bond Markets
Relatively Friendly Labor Market Data Adding to Overnight Gains
Bonds are trading in a boring, narrowing, sideways range overall, but saw some improvement in the morning session. Economic data showed slight declines in job openings and quits, which is seen as a positive for rates. The labor market indicator also showed a decrease in the gap between those who see jobs as plentiful vs scarce.
Jul 28, 2025 1:01 PM
— Bond Markets
A No Reaction Sort of Day
There were no major economic reports on Monday, but events like Treasury auctions and borrowing estimates for Q3 and Q4 were expected to potentially influence the market. However, there was no significant reaction to these events, and mortgage-backed securities and 10-year yields remained relatively stable.
Jul 28, 2025 8:00 AM
— Bond Markets
Slowest Day of a Very Busy Week
Despite the announcement of a US-EU bilateral trade deal, markets have not moved significantly. 10yr yields were briefly lower but are now slightly higher, possibly due to cautiousness surrounding US/China negotiations. This week features two big Treasury auctions a day earlier than normal, along with upcoming economic data releases and a Fed announcement. Rates have stagnated around 4.5% since la... more
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass 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@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
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