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Improvements in PMIs Signal Shallower Contractions


Russian ESPO Loadings Show Signs of Slowing


Notable volumes going through

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US TSY FUTURES: Continue to trade weaker, mild bounce off recent session lows.
Curve update:
* 2s10s +0.954, 55.341 (55.802H/54.021L);
* 2s30s +1.443, 78.792 (79.038H/77.187L);
* 5s30s +0.910, 43.797 (44.119H/42.873L);
Current futures levels:
* Jun Ultra bonds down 1-1/32 at 156-13 (156-09L/157-10H)
* Jun 30-yr Bond futures down 23/32 at 143-26 (143-24L/144-14H)
* Jun 10-yr futures down 9/32 at 120-03.5 (120-02.5L/120-11H)
* Jun 5-yr futures down 5/32 at 113-28 (113-27.5L/113-31.75H)
* Jun 2-yr futures down 1.25/32 at 106-06.25 (106-06L/106-07.25H)

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