http://MikesDailyMarketReport.com: Rather quiet morning, thus far. There's no economic data to report; although, we do have a bit of important data this week (such as Retail Sales). Stocks are Up a little bit this morning on optimism on Negotiations between US/China as representatives gather in Beijing, starting today; and between the 2 parties on US Border Security. Both have deadlines approaching (Border Security is due by end of this week and US/China by March 1st). MBS is down 11bps, which may lead to some Lenders to reprice Mortgage Rates to worsen a bit, as they stick in the middle of a wide range, and will be following how the Stock Market moves today. Yields are at 2.65%.
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