Monday, October 28, 2019

Daily Market Report 10/28/19 There are no economic data to report from the Calendar today.  Stocks are Up this morning on more positive Q3 Corporate Earnings Reports.  It's been reported that the US and China are nearing completion some sections of an Agreement.  Also, the UK received their extension for Brexit until end of the year.  MBS is Down 20bps, which will lead to Mortgage Rates to rise a bit today.  Yields have spiked above it's 100 DMA (and above the Fibonacci level on Friday's close), which they're currently sitting at 1.85%.

Please subscribe to my Blog and YouTube Channel at MikesDailyMarketRpt

No comments:

Post a Comment