Daily Market Update 9/20/12

Rates inched lower Thursday on weaker than expected economic data, particularly in China.  In the U.S., weekly Jobless Claims came in at 382,000, slightly above forecast.  The Philly Fed manufacturing index fell 1.9%, beating expectations.  Leading Indicators declined by 0.1%, matching forecast.  Stocks moved lower.  No other key data will be released today.

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