Hi @Yannis Tse
Thank you for posting your question in Microsoft Q&A.
Based on your description, we understand that you are considering why your email domain is not receiving any bounce-back notifications despite having a misconfiguration.
As my research, looks like your messages might be getting quarantined. This could explain why you are not receiving bounce-back emails related to the DNS record misconfiguration.
You can refer more via: Anti-phishing policies in Microsoft 365 - Microsoft Defender for Office 365 | Microsoft Learn
To help address your concern more effectively, could you try using Message Trace in the Microsoft 365 Admin Center to verify the path your email has taken and determine where it might have been delayed, quarantined, or failed.
You could refer to: Message trace in the new EAC in Exchange Online | Microsoft Learn
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