No Drama Today. How About Tomorrow?
By: Mortgage News Daily | Published: 2025-06-10 19:49:00 | Source: www.mortgagenewsdaily.com
No Drama Today. How About Tomorrow?
Tue, Jun 10 2025, 3:49 PM
After a slightly bumpy start for reasons that remain unknown, the bond market settled into an uneventful sideways grind that lasted through the 3pm CME close. Both MBS and Treasuries were effectively unchanged and the latter didn’t give a second thought to a fairly weak 3yr Treasury auction. Trade headlines were less than meaty, but talks between the US and China are now said to potentially move into a 3rd day. That means…