Bonds began the day in weaker territory and continued to sell off through 2pm ET despite an absence of any obvious justifications.  That said, ’tis

Holidays have inconsistent impacts on mortgage rates because holiday’s have inconsistent impacts on the bond market (and rates are dictated by the bond market). Bond

In the news, besides American Airlines grounding all flights (it’s back running now), is Burt, the 90-year-old crocodile from Crocodile Dundee, dying yesterday in Australia.

Bonds are selling off for no obvious reasons for however many days in a row it’s been (at least 2 unless you count last Thursday).