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Lately, volume down great slightly from the 10 day average, down about 1. 6 for the s p 500. It is a witching day, which means the periodic expiration of futures and options contract, which tends to cause more volatility and volume, but theres no sign of that for the moment. Major averages are up in the neighborhood of about. 5 . Thats as we go through the session. I want to return to whats going on outside of oxfam get a look at the bond market. We did here for mario draghi this morning saying once again the ecb will do whatever is necessary to rapidly accelerate inflation. This is not really a new comments, but just serves to emphasize what he has said in the past. We curiously saw yields on the 10 year go lower. One would think they would be moving higher in contrast to whats happening in europe. Now we are seeing a bit of a takeup on the 10 year similar trajectory for the twoyear today as well. Was little changed to the downside, now it is not changed at all. More notable today is

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