Good Morning,

The 10 Year Treasury Yield is even this morning at 1.99%, meaning the same mortgage rates from yesterday.

- There are no major U.S. Economic Releases today.

- In terms of the equity markets, IBM and Intel disappointed the market with their quarterly earnings results.

- In Spain, the number of band home loans increased to its highest level since 1994. Tomorrow, there is a big Spanish auction for longer term (10 Year) debt ; the results of the auction will affect the financial market's perception if Spain will also fall further victim to the spreading Eurozone crisis.