The bond market improved yesterday afternoon and is continuing the improvement this morning.  The stock market is currently down with the Dow opening down by approx 100 points.  In today's economic news, jobless claims for the week ended 8/28 were up by 15,000 (vs expected down by 2,000).  2nd Qtr labor productivity was up by 4.3% (vs expected up by 3.5%) and 2nd Qtr labor costs were down by .5% (vs expected up by .1%).  The August Institute of Supply Management (ISM) Service Sector index was just released and posted a reading of 50.6% (vs an expected 49.55).  It will be interesting to see what happens today as the markets digest the stronger than expected ISM index in contrast to the weaker than expected weekly payroll report.  Currently the markets are  betting on a very weak August nonfarm payroll report tomorrow.  Nonfarm payrolls are expected to be down 75,000, the jobless rate expected to be 5.7% and avg hourly earnings are expected to be up .3%.