If a market were a novel it would be titled, “Great Fedspectations.” Investors are clinging at any piece of data that might suggest the Fed will stop QE sooner than expected, adding the volatility we have seen recently. Treasury 10-year notes rose, over night with yields paring the biggest monthly gain since December 2010, amid speculation U.S. spending stagnated last month. This underperforming indicator is a sign that recovery is still uneven and may prompt the Fed to continue to purchase mortgage debt. We will close the week with Consumer Sentiment