Daily Market Update 10/17/14

Rates were little changed Friday in quiet trading as stocks moved higher on reports of additional central bank stimulus in China.  In economic news, September Housing Starts rose to 1,017,000, close to expectations.  Most of the improvement was in multifamily units however, with single family starts up only slightly and building permits down.  Consumer Sentiment rose to 86.4, beating forecast.  No other key data will be released today.

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