By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com: There are no economic data to report today. Stocks are continuing upward trend on more good Q2 Earnings Reports. The ECB announced a bit of a dovish signal on their stance with inflation, which sounds similar to that of our Fed's current stance. This set a tone for the Bond/Treasury Market. MBS is currently Down 19bps, as Mortgage Rates worsen a bit today. Yields jumped Up to 1.29%.Please subscribe to my YouTube Channel at MikesDailyMarketRptAlso, these videos are base on my views and not represented by any other entity, but my own. I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then please direct message me.