Daily Market Update 9/16/16

Rates were little changed Friday as stocks moved lower.  This morning, the August Consumer Price Index (CPI) rose 0.2%, above the consensus forecast of 0.1%.  Core CPI, which excludes volatile food and energy components, increased 0.3%, also above expectations.  Separately, Consumer Sentiment was unchanged at 89.8, a bit lower than expected.  No other key data will be released today.

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