{"id":682722,"date":"2026-06-03T23:11:21","date_gmt":"2026-06-03T23:11:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/682722\/"},"modified":"2026-06-03T23:11:21","modified_gmt":"2026-06-03T23:11:21","slug":"weaker-start-on-renewed-bombing-but-still-in-the-range","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/682722\/","title":{"rendered":"Weaker Start on Renewed Bombing, But Still In The Range"},"content":{"rendered":"<p>Iran launched missiles at several U.S. allies yesterday afternoon and oil prices responded accordingly with a move back up to May 22nd levels. Treasury yields followed, but have generally been staying lower than the oil price correlation would suggest. 10yr yields continue holding a narrow range between 4.43 and 4.52. They&#8217;re roughly 3.5bps higher to start the day at 4.485 and MBS are down a quarter point. ADP employment came out almost right on the screws and garnered no notable bond market response. At 10am ET, we&#8217;ll get ISM Services, which is one of this week&#8217;s few reports that might have enough of an impact to influence intraday bond market volatility that is otherwise taking most of its cues from the war.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/6a20281db337a15a283b789e.png\" alt=\"20260603 open.png\" style=\"max-width: 500px; border: 0;\"\/><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/6a202866b337a15a283b78a0.png\" alt=\"20260603 open2.png\" style=\"max-width: 500px; border: 0;\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Iran launched missiles at several U.S. allies yesterday afternoon and oil prices responded accordingly with a move back&hellip;\n","protected":false},"author":2,"featured_media":682723,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-682722","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/682722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=682722"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/682722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/682723"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=682722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=682722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=682722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}