Daily Market Update 4/1/14

Rates were little changed Tuesday as today’s economic data brought few surprises.  This morning, the Institute for Supply Management manufacturing index rose to 53.7, slightly below forecast.  Readings above 50.0 indicate expansion in the manufacturing sector.  Construction Spending increased by 0.1%, in line with expectations.  Stocks extended yesterday’s gains.  No other key data will be released today.

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