Mortgage backed securities(MBS)prices are higher (rates lower across the board this morning, due to Congress passing a "stimulus" package totaling $789 billion.

Business Inventories declined as slumping sales reflect a deepening recession. Initial jobless claims fell, and the total number of people collecting benefits rose to a record 4.8 million as companies accelerated firings.

Retail sales unexpectedly rose last month, based on a slight rise in gasoline prices. U.S. stocks tumbled extending a global slide as investors speculate if the plan will revive the economy. Almost forgot, its also coupon rollover day! The March coupon will start selling today.