Less So: The market continues to hold gains, but things have slowed and slipped significantly. The news has done little to alter the expectations fed fund futures players have of rates down the road, with the majority voting for the FOMC staying on hold until well into 2010. Trade is sluggish and choppy while what players that are involved mull over the how "contained" the Dubai problems are (recall, "contained" was once a nice word). The market continues to bask some in the glow of the week's impressive set of government auctions, maintaining a solid bid. The 10-yr will probably run into a little trouble near the 3.13% yield area with the objective of 3.05% from back in May.