The bond market took a beating this morning as the Dow surged more than 400 points in a overwhelmingly positive resonse to the nearly $1 Trillion package approved in Europe to deal with their debt crisis.  Most of the damage today has been done to US Treasury bonds which has also experienced most of the improvement in yield.  As such, our rate sheets are not so significantly changed.  This week's economic calendar is very light, which the main data points being the weekly jobless claims report on Thursday and April Retail Sales on Friday.  The market is expecting almost no change in jobless claims and is expecting Retail Sales to be up .2% and , without the Auto component, up .5%.