Bond markets are recovering slightly from yesterday's negative day on a weaker stock market.  In today's economic news, April Personal Income was up .4% as expected and Personal Spending was flat at 0% which was less than the .3% increase in spending expected.  The PCE index, a measure of inflation of the consumer level was up .1% as expected.  The Chicago PMI (purchasing manager's index) came in at 59.7 which was slightly under the 60.0 projected.  The Univ of Michigan/Reuter's final May consumer sentiment index came out at 73.6 which was higher than the 73.2 expected.