The 10 year treasury market hit 2.98% overnight, just 2 bips shy of the 3% mark before rallying back up. As we mentioned earlier in the week, the 3% target was the likely area the treasury market wanted to revisit so it would be likely that it will see buyers coming in around there. As of now, the risk on nature in the overall markets suggest that the treasury market could come back and retest that low level in the bond market. There is no distinct levels for the 10 year treasury market until we get to 117.60 or around 3.25%. We will continue to monitor the weakness in the bond market for further signs of economic risk.