Consumer confidence pop
Confidence indicators tend to track stock prices, as near as I can tell, and they don't do a heck of a good job at forecasting the overall economy or spending levels. But taken together with all the other reports this week, this one kicks more sand in the face of those expecting some kind of imminent Fed rate cut.
Bonds are taking a bit of a hit on the number, but as I pointed out yesterday, prices are coming into an area of key technical support. Was this good economic news already "priced in?" We'll see how Treasuries close the day.