Bonds Dial Back Ahead of Big Jobs Report
By: Mortgage News Daily | Published: 2025-06-05 20:05:00 | Source: www.mortgagenewsdaily.com
Bonds Dial Back Ahead of Big Jobs Report
Thu, Jun 5 2025, 4:05 PM
It was a fairly interesting day for bonds, relative to the calendar of scheduled events. Domestic econ data was unimportant and markets traded accordingly from 8:30-8:45am. At that point, the European Central Bank announcement hit the wires and the takeaway was fairly hawkish, despite the rate cut. At the same time, newswires made the rounds regarding a Trump/Xi phone call that could lead to future meetings…
