Rates were little changed as stocks moved higher on news that China’s central bank lowered rates and the European Central Bank (ECB) began buying asset-backed securities. The People’s Bank of China lowered its 1-year benchmark lending rate to 5.40% from 6.00%. The ECB’s move is intended to help boost economic growth and combat dangerously low inflation. Global stocks rallied on the news. No key domestic economic data will be released today.