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*** Early roll update. June takes....>

US TSY FUTURES
US TSY FUTURES: *** Early roll update. June takes lead from March later in month
(first notice February 28). Volumes still running light, but expect a sharp
increase this week. March future's staggered expiration on March 20 for 10s, 30s
and Ultras, and March 29 for 2s and 5s. Latest volume:
* TUH/TUM appr 30,300 from -3.50 to -2.75, -3.38 last; 11% complete
* FVH/FVM appr 13,200 from -4.00 to -3.25, -4.00 last; 6% complete
* TYH/TYM appr 56,700 from -9.75 to -8.75, -9.75 last; 4% complete
* USH/USM appr <100 from 19.75-20.0, 20.00 last; 2% complete
* WNH/WNM appr 4,200 from -1-7.25 to -1-5.50, -1-7.25 last; 3% complete
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