So it is all about the employment numbers which looked in-line in terms of the ten year reaction which so far is flat. MLPS have been pretty much ignoring the rate spike lately and have been going their own way. Could be the market is sniffing out the usual round of distribution hikes which offset any interest rate uptrend...or perhaps the 5 handle on the 10 year is already baked in the cake.

Crude oil a little lower this morning...Nat gas under 7 bucks.

No corporate news and no coverage changes so far this morning. A few sec filings on some of these but i have found nothing significant so far...still scanning through them however.

Briefing.com has a nice upgrade downgrade page which summarizes all the daily coverage stuff. Check it out...makes life a little easier with this stuff.

Above is the chart of Calumet Specialty Products LP which is a relatively new issue and its been on fire. And we'll be watching Valero LP today to see if we get any kind of buy action off a potential triple bottom.