Bonds Are now at +7/32 and our market is flat. Initial Claims were down to 320K. Personal Income was up slightly at +.4% and Personal Spending was at +.2%. No One is saving any money which causes concern about rising debt loads. Construction Spending was up at +.7. Some feel the Feds may only have to raise rates to 4.5 (.50 more) to stabilize the economy. Time will tell but we are not going to see rates back down to 5.5 again Enjoy the Day and be ready for possible changes this afternoon after the market digests all of this news.