Bonds Taking a Pre-NFP Lead-Off
By: Mortgage News Daily | Published: 2026-02-10 14:42:15 | Source: www.mortgagenewsdaily.com
Last Thursday, we discussed the paradox of a rally in the present moment being driven by future data. More specifically, the three downbeat labor market reports increased the stakes for tomorrow’s jobs report. Depending on trends and trading positions, risks can be asymmetrical. A trader who expected higher rates might have only seen a modest increase in yields if the data was stronger, and a…… Read More
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