Monday, February 11, 2019

Daily Market Report 2/11/19 Rather quiet morning, thus far.  There's no economic data to report; although, we do have a bit of important data this week (such as Retail Sales).  Stocks are Up a little bit this morning on optimism on Negotiations between US/China as representatives gather in Beijing, starting today; and between the 2 parties on US Border Security.  Both have deadlines approaching (Border Security is due by end of this week and US/China by March 1st).  MBS is down 11bps, which may lead to some Lenders to reprice Mortgage Rates to worsen a bit, as they stick in the middle of a wide range, and will be following how the Stock Market moves today.  Yields are at 2.65%.

To get the latest Updates on the Market, then follow me on Twitter @MikeBjork

Please subscribe to my Blog or stop by my YouTube Channel at MikesDailyMarketRpt

No comments:

Post a Comment