Tight Range: 99-26 to 99-31

Right now Paulson, Bernanke, and Bair are being interrogated on all issues surrounding concerns of continued instability in financial markets and global macroeconomic recovery. We have heard their prepared statements, which were nothing more than summations of the events that have led the nation into this crisis, and have since then moved into the Q&A portion of the testimony.

Policymakers will probe into past decisions made and pose questions that pry into the forward looking outlooks of our financial leaders.

The FN 5.5 is trading in a tight range between 99-26 and 99-31. Right now the 5.5 is trading at 99-28.

Will post back with further developments. Keep finger on lock trigger in case of TARP tape bomb