Despite an October Institute of Supply Management Service Sector Index that came in at 50.6% (vs projected 51.6%) and an ADP estimate that private sector employers cut 203,000 jobs in October (vs projected 190,000), the stock market opened stronger and bonds continued to deteriorate, with the 10 yr US Treasury note almost hitting the important 3.5% level again.  The market could be volatile this afternoon following the Federal Reserve post meeting statement.