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Mortgage Rates Slightly Higher to Start Pivotal Week

Mortgage Rates Slightly Higher to Start Pivotal Week

Straightforward Session as Traders Wait For More Monday ended up being rather uneventful for the bond despite its role as the lead-off hitter for an all-star line-up.  There were no significant economic reports on tap, but the 3yr Treasury auction managed to come in weak enough to prompt a bit of additional selling.  Losses were short-lived and trading levels returned to pre-auction levels about 90 minutes later.  That left a sideways-to-modestly-weaker tone intact for the day as traders wait for ultra-high consequence data and events on Wednesday. Market Movement Recap
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