Bonds are under pressure again this morning as Initial Jobless Claims for the week ended 9/4/10 came in lower than expected at 451,000 vs expectations for a 470,000 figure and a 478,000 result from the prior week.  Continuing Claims for the week ended 8/28/10 came in higher than expected at 4.478 million vs expecations for 4.445 million and an upwardly revised prior week figure of 4.480 million.  Also in this morning's economic news, July's trade deficit was $42.8 billion vs expectations for a $47.3 billion deficit and a $49.8 billion deficit in June.  Yesterday afternoon it was reported that Consumer Credit outstanding for July dropped a lower than expected $3.6 billion vs expectations for a $5.2 billion drop and a $1 billion drop in June.