No Major Data Leaves Bonds to Trade on Vibes

You’ve seen the „good vibes only“ t-shirt perhaps? Bond traders left theirs at home this morning. That’s unfortunate as there isn’t much beyond vibes to set the tone this week. Over the weekend, bad vibes came courtesy of another round of escalation in the Iran war. Additionally, the safe-haven buying that helped bonds on Friday has reversed course somewhat as stocks find their footing. At 7:30am, news of a proposed …