Daily Market Update 2/14/14

Rates faced upward pressure Friday in quiet trading.  In economic news, January Industrial Production declined by 0.3%, below the consensus forecast for a 0.3% increase.  Severe weather was cited as a significant factor in the disappointing figures.  Import Prices rose 0.1%, a bit more than expected.  Consumer Sentiment came in at 81.2, close to expectations.  Stocks moved higher.  No other key data will be released today.

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