A delay is tax reform and a decline in Housing Starts are boosting bonds and bothering stocks this morning.  Even though a bump in Building Permits offsets the weather-delayed housing starts, and the delay in tax reform is just a delay, the news still elicits a reaction in the markets.  The year-over-year data still shows new construction growing at a double digit pace.  It looks like traders are bored and looking for any play they can get.  As for us, let’s take all of the low rates we can get.