Daily Market Updates: Bonds Almost Able to Break Even Thanks to Tech Turmoil

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Bonds Almost Able to Break Even Thanks to Tech Turmoil

Reported · Written up by our desk · Residential

Bonds Almost Able to Break Even Thanks to Tech Turmoil Tech stocks embarked on a wild ride starting with earnings releases after the bell yesterday. While today's recap title mentions "breaking even," if we were to measure today's bond market movement versus yesterday's 3pm ET levels, 10yr yields are more than 5bps lower. In other words, those earnings releases created a big late-day rally yesterday and today became largely about trying to hold onto the gains. By mid-day, bonds were a bit weaker with 10yr yields approaching 4.96%. Around 1240pm, news broke regarding Anthropic being unlikely to

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Mortgage News DailyBonds Almost Able to Break Even Thanks to Tech Turmoil

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Bonds Almost Able to Break Even Thanks to Tech Turmoil

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