Bonds opened stronger this morning on a weaker than expected June Durable Goods Orders report.  Analysts has been expecting a 1% increase in Orders. The actual number was a 1% decrease.  Excluding the more volatile transportation component of this report, analysts had been expecting an increase of .6%.  The actual number was a .6% decrease.  Bonds are holding their early morning improvement on strong investor demand for today's 5-year US Treasury auction.