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Daily Market Update 10/9/15

Rates inched higher Friday reflecting yesterday afternoon’s market activity following release of Minutes from last month’s Fed meeting.  Investors are now anticipating an increase in rates at the December Fed meeting.  Mortgage-backed securities are little changed this morning in quiet trading.  In economic news, September Import Prices fell 0.1%, a bit less than expected.  No other key data will be released today.

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