Daily Market Update 2/19/15

Rates inched lower Thursday reflecting a rally in Treasurys and mortgage-backed securities late Wednesday.  In economic news, weekly Jobless Claims fell to 283,000, a bit lower than expected.  Leading Indicators rose 0.2%, close to forecast.  The Philly Fed Index declined unexpectedly to 5.2 from 6.3.  Readings above zero indicate expansion in manufacturing in the Philadelphia region.  Stocks moved lower.  No other key data will be released today.

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