Bond Yield:  Down to 3.34% @ 8:25 am

Some welcome news for owners of small businesses to be announced tomorrow:

President Barack Obama will announce a package of initiatives on Wednesday to increase credit to small businesses, an administration official said on Tuesday.

New laws in California to aid in consumer and lender protections signed by governor:

During an hour-long morning press conference at City Hall, the governor discussed eight newly signed bills that he said will protect consumers and small businesses, help struggling homeowners and stem mortgage-related fraud and abusive lending practices.

Those who like to use current data to predict the future say rates will stay low for a while:

Builders in the U.S. broke ground on fewer homes than forecast and wholesale prices unexpectedly fell in September, giving the Federal Reserve more reason to keep interest rates low to ensure an economic recovery.