Daily Market Update 9/16/11

Rates were little changed Friday.  Mortgage-backed securities recovered from an initial sell-off after stocks pared early gains.  Consumer Sentiment rose to 57.8, beating expectations.  The big event next week will be Wednesday’s FOMC meeting of the Fed.  No rate changes are expected, but the Fed may announce plans to boost the economy.  No other key data will be released today.

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