US Data

Import/Export Prices at 9:30 showed import prices moving up a bit, but was a non-event for the market. At 9:55 we have the University of Michigan's Consumer Sentiment and at 10 a.m. we have Wholesale Trade.

That's it for US data today, but President Barack Obama plans to make a statement today about his plan for spurring economic growth and reducing the deficit, a White House official said.

Other than that, I suspect yields in the Spanish 10 year will be watched closely.