Daily Market Update 10/13/16

Rates were little changed Thursday in quiet trading.  This morning, weekly Jobless Claims were flat at 246,000, below the consensus forecast of 255,000.  Import Prices rose 0.1%, matching expectations.  Stocks moved sharply lower on concerns over the release of weak trade data in China and an anticipated Fed rate hike in December.  Results from today’s 30-year Treasury auction will be released at 1:00 PM.

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