Monday, February 25, 2019

Daily Market Report 2/25/19 The only data to report from the Economic Calendar is from the delays due to the Gov't Shutdown.  The Wholesale Inventories rose 1.1% in December.  Stocks are Up due to recent activity/tweets regarding the US/China Trade Talks that continued throughout  the weekend.  President Trump tweeted that the March 1 deadline for the Tariffs have been lifted and a lot of progress has been made to warrant it.  It's appearing like we're nearing a wrap up of talks, as President Trump mentioned that he and President Jinping would complete the deal at Mar-a-Largo once it's reached that point of completion.  MBS is down 8bps, but Mortgage Rates remain unchanged from Friday's pricing.  Yields have risen to 2.68%.

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