Monday, October 17, 2011

Daily Market Update 10/17/11

Rates were little changed Monday as mortgage-backed securities recovered from Friday's losses.  In economic news, September Industrial Production increased 0.2%, matching forecast.  Earlier today, German Finance Minister Wolfgang Schaeuble lowered expectations for an immediate solution to the Euro Zone's sovereign debt crisis.  Stocks moved lower.  No other key data will be released today.

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