Perfectly Logical Reaction to On-Target Data
By: Mortgage News Daily | Published: 2025-06-06 21:02:00 | Source: www.mortgagenewsdaily.com
Perfectly Logical Reaction to On-Target Data
Fri, Jun 6 2025, 5:02 PM
It’s not necessarily a fun fact to face, but today’s bond market sell-off was a perfectly logical reaction to the modest beat in NFP. But wait, what about the negative revisions?! Yes, it’s still a logical reaction. Reasons for this are exhaustively discussed in today’s video, but the short version is as follows. Wednesday’s rally was largely about Wednesday’s data carrying anecdotal implications for…