First half hour noise is out of the way and most MLPS are higher this morning. Nice fractional gains in Copano, Northern Borders Partners on the Merrill upgrade....Crosstex, Energy Transfer Partners, Teppco on the board moves. Holly Partners is the biggest loser down 17 cents but there was just one trade on the day so far.

4.78 on the 10 year is still holding...MLPS shrugging it off anyway. Oil and Gas stocks are stronger across the board.

Just a thought but since we,ve seen MLPS go nowhere as the yield curve has been flattening what if the rise in the 10 year rate and a potential steepening of the curve turns into a positive for the the group? I guess it all depends whether the fed stops raising short rates and the 10 year rise doesn't get too out of hand.