Bond Traders Quickly Revise Their Bullishness
By: Mortgage News Daily | Published: 2025-08-01 21:07:00 | Source: www.mortgagenewsdaily.com
Bond Traders Quickly Revise Their Bullishness
1 Hour, 5 Min ago
“Revision” is the word of the day as every armchair economist struggles to understand how the NFP revisions could be so big. Given that it’s not 2020 or 2021, today’s revisions were indeed on the large side (those years were MUCH larger… 2021’s average NFP revisions was 159k). It speaks to a marked deterioration in the labor market or some limitation in BLS manpower/funding or methodology. Either way,…
