http://MikesDailyMarketReport.com: We don't have any economic data to report today; and Stocks are in the Red this morning. Investors are watching for Q4 Earnings Reports being released this week, which we have a few large cap companies reporting (this week). Also, Investors will be watching for any signs on the additional Stimulus that were promised during the elections. Meanwhile, MBS is benefitting from Stocks downside this morning, as they rise above it's 100- and 50 DMA (currently Up 17bps). Mortgage Rates show improvement today. Also, Yields have broken lower (below it's dual floor of support and approaching it's 25 DMA). It currently sits at 1.04%.
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