http://MikesDailyMarketReport.com: There's no economic data to report today. With the short-week, most of this week's data will be reported tomorrow. The Markets are taking their cues from headline news and realizing that the concerns over the Omicron may have been a bit exaggerarated; so, investment dollars are starting to flow back from MBS/Treasuries and into the Equity Markets. As a result, Mortgage Rates have worsened a little bit today, as the MBS is currently Down 19bps. Treasuries have been climbing higher and currently sit just under 1.49%.
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