Bonds Bracing For CPI Impact
By: Mortgage News Daily | Published: 2025-07-11 21:09:00 | Source: www.mortgagenewsdaily.com
Bonds Bracing For CPI Impact
Fri, Jul 11 2025, 5:09 PM
Stocks sold off quickly in the overnight session in response to the announcement of 35% tariffs on Canada. Bonds view such news as a double edged sword, but also drifted into weaker and weaker territory as the day progressed. Given that yields remained inside the week’s range, we’re more inclined to view this as an acceptable sideways drift ahead of big ticket data event: Tuesday’s CPI report. It goes without saying that some of the…