Gentle Rally Gently Reverses After Trade Headlines
By: Mortgage News Daily | Published: 2025-06-09 19:56:00 | Source: www.mortgagenewsdaily.com
Gentle Rally Gently Reverses After Trade Headlines
Mon, Jun 9 2025, 3:56 PM
First thing’s first: bonds closed in stronger territory and retained most of the gains that were present in the AM hours. But they would have done just a bit better if not for a handful of newswires that hit around 2:30pm ET regarding vaguely positive comments on US/China trade talks (i.e. BESSENT ON US-CHINA TALKS: ‘GOOD MEETING’). This preceded a move up to 4.487 from 4.470 in 10yr…
