Daily Market Update 9/12/14

Rates inched higher Friday following the release of stronger than expected economic data.  August Retail Sales rose 0.6%, matching expectations, but July figures were revised higher.  Import Prices fell 0.9% in August, mostly due to lower oil prices.  Consumer Sentiment jumped to 84.6, above the consensus forecast of 83.0.  Stocks moved lower.  No other key data will be released today.

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