10-Yr: unch..3.525%.. USD/JPY: 89.7675.. EUR/USD: 1.4894Next: Wholesale inventories fell 0.9% in September, slightly above the consensus estimate of -1.0%. Inventories fell 1.3% in August. The decline in inventories is falling, which is why the change in inventories showed up as a positive contribution to GDP in Q3. We expect the decline in inventories to continue to moderate as expected consumer demand starts picking up through the economic recovery. Most economists continue to look at the inventory restocking cycle as the key component to sustainable GDP growth in 2010. Unfortunately inventory growth is not labor intensive and rarely involves a drop in the unemployment rate.