Bonds are under pressure this morning due to the Conference Board's March Consumer Confidence index climbing to a reading 52.5 from 46.4 in February.  The market had been expecting a value of 51.0.  Last month's dip in Consumer Confidence provided major support for bonds.  Uncertainty about when Consumer demand will pick up has been key for low interest rates.  Volatility could increase as we head into Friday's Non Farm Payroll report which expected to show the first major increase in jobs (analysts are projecting a 190,000 increase) in several years.