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Taking a breather as german chancellor Angela Merkel takes a breather of her own. She is in china, gentlemen. What you think of that . . Ny comments moving on. No Economic Data in the u. S. No earnings to date here in the u. S. A couple of items of note, in spain, the running of the bulls kicked off have you done that . No. That is crazy. On a more serious note come and i did not realize this, today marks the nine Year Anniversary on londonsombings transportation. That was a very big deal. Do and after the fourth of july data check. The euro under. Stayedh ukraine, subdued. That, 10. 32ok at means more complacency. Near 111. E lets go to the bloomberg terminal. We will talk about this and this hour. Two year yield from 2011, down we go. There are these breakouts. This is the last peak, somewhere in september. Up we go again, the two year yield. We will talk about that this hour. Can yields break out . We look at the websites and scare the front pages. Adam johnson has our front page. T

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