It was a milestone day, as it has been a year since we saw the 10,000 mark. Better this time as we are on our way up and not on our way to 6500 like last year. It is a momentous occasion. The Mortgage Backed Securities market is trading lower, as the Fed notes did not give any good news and with the stock market up, there is money flowing out of bonds and into stocks. It feels almost like a normal market.
I hope that the Stock Market rally continues as there are so many people who will be relying on those funds for retirement in the near future.
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