Monday, November 16, 2020

Daily Market Report 11/16/20 There are no economic data to report today.  The main headline affecting the Markets is Moderna's announcement that their vaccine has 94.5% efficacy (higher than Pfizer's report last week).  Stocks are Up this morning on the news; however, a bit more moderate compared to last Monday's report, which settled down a bit throughout the remaining week.  MBS is Unchanged from Friday's close, so Mortgage Rates also remain Unchanged.  Yields have risen to just under 0.91%.

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