http://MikesDailyMarketReport.com: There are no economic data to report today. Stocks are in Positive Territory this morning, as there appears to be some light at the end of the tunnel of this current pandemic. Seems like the amount of cases and deaths are dipping each day, so there's talk about possibly opening up the economy and try to bring back some "norm" in our daily lives. Also, Q1 Earnings Reports are starting to be released, as the Banking sector is due out this week. There's a lot of warnings on the negative outlook of these coming reports. MBS is currently Down 6pbs, which is off it's earlier low of -19bps. The west coast receives their pricing later than the east coast, so our pricing should be about the same as our close yesterday. We did have a re-price for the worse yesterday, as MBS deteriorated. There was also a Bond Rollover, which happens every month, which is basically a reset of MBS pricing; but it doesn't have any impact on our ratesheet pricing. Yields are currently at 0.74%.
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