Donald Trump

How a market trifecta rallied bonds

How a market trifecta rallied bonds

The bond market made an about-face this week as a trio of news events paused the rising rate trend and sent investors back into bonds.

Analysts last week felt the yield on 10-Year Treasury bonds, which are followed closely by mortgage rates, would move even higher to 3.2 percent, after eclipsing 3 percent for the first time in seven years. Instead, 10Y yields retreated to 2.96 percent in light of geopolitical turmoil and Federal Reserve statements indicating the central bank was more dovish that previously thought.

Continue reading How a market trifecta rallied bonds at Movement Mortgage Blog.

About the authors

Looking to change the home buying process for the better, the Humes Team is here for all of your mortgage needs. No loan is too big or too small. We believe one should treat others as expected to be treated. We pride ourselves in honesty paired with communication to deliver A1 service with great results.

Meet the team

About Movement Mortgage

Movement has grown from a small team of 4 to over 4,000 employees with more than 500 locations across 46 states. Inc. Magazine recognized Movement Mortgage as the fastest-growing mortgage bank in the country.

Learn more about movement