Juxtaposition of Escalation and De-escalation Keeping Bonds Unpredictable
Tue, Mar 24 2026, 4:03 PM
Juxtaposition of Escalation and De-escalation Keeping Bonds Volatile
Tuesday was significant for financial markets’ attempts to trade the Iran war due to the noticeable juxtaposition of newswires that spoke with opposing advancements. Around 1pm ET, troop release news sent yields to the highs of the day. A little over an hour later on, the newswires gave the impression that the war was nearly over– so much so that bonds wanted to backtrack most of the 1pm losses. However, yields were currently elevated by 1pm, which indicates it was a weaker trading session overall. Material developments in the war will continue to be more actionable for markets than arranged economic data– specifically this week.
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- Labor Expenses
- 4.4 vs 3.5 f’cast, -1.9 prev
- Labor Expenses
08:51 AM
Losing ground in choppy trading as oil rebounds. MBS down a quarter point and 10yr up 4.2 bps at 4.389
09:54 AM
weakest levels. MBS down 11 ticks (.34) and 10yr up 6.2 bps at 4.409
12:30 PM
Off lows, but choppy. MBS down 5 ticks (.06) and 10yr up 2.6 bps at 4.373
01:03 PM
Bumpy 2 year Treasury auction causing weakness. MBS down 3/8ths once again and 10yr up 7.2 bps at 4.42
03:33 PM
recovering a bit after “war over quickly” headings. MBS still down 6 ticks (.19) and 10yr up 3.8 bps at 4.385
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