Bonds had one of their best days yesterday in more than three years. The 10-year yield plunged nearly 20 basis points, its biggest one-day drop since March 2023, even falling below 5% in the process. You’d think mortgage rates would’ve had a stellar day as well, since the two move in relative lockstep. Instead, rates… Read More »Mortgage Rates Back on the Rise After Biggest Bond Rally Since 2023