Wednesday, May 8, 2019

Daily Market Report 5/8/19 Nothing to report from the Ecnonomic Calendar today.  Geo-Political News continue to dictate the Markets.  US and China Trade Negotiations continue it's saga, as it makes Investors very uneasy.  Also, reports have come out of China that Imports increased, but Exports dropped.  Iran announced that they make renege on some of the compliance in the Nuclear deal, as their economy struggles with US sanctions.  MBS is only Up 2bps, so Mortgage Rates remain Unchanged.  Yields have dropped down to 2.45%.

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