Steady Gains in the PM Hours
By: Mortgage News Daily | Published: 2025-06-30 20:45:00 | Source: www.mortgagenewsdaily.com
Steady Gains in the PM Hours
Mon, Jun 30 2025, 4:45 PM
It’s common to see the effects of month/quarter-end trading most prominently in the PM hours and today’s quarter-end session was no exception. A glut of bond buying just after 12:30pm got the part started and yields bottomed out just before the 4pm NYSE close. While 4pm is a time that’s associated with stocks, it has come to be the larger of the two closing bells for the bond market on month/quarter-end days for a variety of reasons…