Bonds survived yesterday's Federal Reserve's post meeting statement which was, if not generally optimistic, at least not pessimistic, about economic conditions going forward.  Today bonds are improved on worse than expected initial jobless claims for the week ended 6/25.  Claims were up 15,000 and they were projected to be down 8,000.  In other economic news, the final revision of 1st Qtr GDP was revised to a 5.5% quarterly decline which was slightly better than the 5.7% quarterly decline expected.