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MBS Day Ahead: Bonds Hope For Friendly Draghi and "Risk-Off" Roll-Out of Tariff Plan

(Mortgage News Daily) - 4 months ago
 Posted To: MBS CommentaryEuropean Central Bank (ECB) President Mario Draghi's press conference (which follows the scheduled ECB policy announcement) could set the tone for bond markets this morning. And that tone could spill over to Treasuries more than normal due to a lack of domestic data. Spillover aside, US bond markets would be hard pressed to make a major move into stronger territory with tomorrow's NFP data looming . As the chart shows, European bond yields (Germany is the bench...
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