Bonds Give Free Preview of Post-Powell Momentum
By: Mortgage News Daily | Published: 2025-07-16 19:48:00 | Source: www.mortgagenewsdaily.com
Bonds Give Free Preview of Post-Powell Momentum
1 Hour, 2 Min ago
Everyone loves a good free preview, but not all of the bond market enjoyed today’s version. It involved reports that Trump was considering firing Powell. Forget the nitty gritty details because markets took it very seriously if volume is any indication (highest since tariff announcement week in April). Those who pay close attention were not-at-all-surprised to see longer-term yields RISING in response….