Quiet: Trade is sliding further in quiet activity with the 10-yr holding near the 3.4% yield. The curve has been slanted back steeper with the 2-10-yr yield spread running 251.9. The market will be looking for items to trade off the remainder of the day, but consolidation into tomorrow's FOMC is most likely. The 10-yr may well get stuck between 3.375% and 3.425%.