JOLTS Data Didn’t Help, But it Didn’t Hurt Much Either
By: Mortgage News Daily | Published: 2025-06-03 20:47:00 | Source: www.mortgagenewsdaily.com
JOLTS Data Didn’t Help, But it Didn’t Hurt Much Either
3 Hours, 3 Min ago
Bonds were moderately stronger overnight and then weaker after the 10am JOLTS data. The data itself was mixed with Job Openings higher (bad for rates) and job quits lower (good for rates). The headline took precedence and pushed yields back into higher territory on the day. Selling ebbed in the PM hours and MBS ultimately made it back to positive territory. Headlines regarding the Senate…
