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Bid, but receding from late..........>

US TSY FUTURES
US TSY FUTURES: Bid, but receding from late overnight highs as equities bounce
(ESM0 +8.5) in lead-up to NY open and May CPI (0.0% est vs. -0.8% last month).
Mkts anticipating steady rate annc from FOMC later today, possible QE program
annc. Yld curves mostly flatter, Update: 
* 3M10Y  -3.333, 61.402 (L: 60.74 / H: 64.635)
* 2Y10Y  -1.332, 60.563 (L: 59.074 / H: 62.36)
* 2Y30Y  -1.141, 135.797 (L: 133.955 / H: 137.773)
* 5Y30Y  +0.146, 117.315 (L: 115.472 / H: 117.927); Current futures levels:
* Sep 2-Yr futures up 0.75/32 at 110-10.25 (L: 110-09.25 / H: 110-10.5)
* Sep 5-Yr futures up 3.75/32 at 125-7 (L: 125-03 / H: 125-08.25)
* Sep 10-Yr futures up 7/32 at 137-30 (L: 137-22 / H: 138-01)
* Sep 30-Yr futures up 19/32 at 174-29 (L: 174-07 / H: 175-12)
* Sep Ultra futures up 31/32 at 212-4 (L: 210-28 / H: 212-31)

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