http://MikesDailyMarketReport.com: The Weekly Jobless Claims rose 8k from last week's numbers to 219k this week. The Q4 GDP remained Unchanged at 2.1%. The final revision will be reported next month. Durable Goods Orders dropped 0.2% in January (better than the -1.0% forecast); however, when you remove Transportation numbers from this data, then it rose 0.9% (better than 0.2% forecast). Pending Home Sales rose 5.2% in January. Stocks are severely in the Red this morning on more news on the coronavirus spreading outside of China. MBS is off earlier highs (+30bps), but still Up 20bps, so Mortgage Rates have improved from yesterday's close. Yields are now at new All Time Lows, as they are currently sitting at 1.27%.
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