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Growing US/China tensions............>

US TSY FUTURES
US TSY FUTURES: Growing US/China tensions overnight (US ordering China to close
consulate in Houston Tx) spurring latest risk-off move, Tsys actually holding a
narrow range near highs after initial move. Risk assets: equities weaker but
bouncing (ESU0 -4.0) while Gold is +20. near 1862.0, nearing resistance: $1869.1
- 2.236 projection of the Jun 5 - 11 rally from Jun 15 low. Overnight flow
included two-way in the short end, better buying in 10s and 30s from real and
fast$, bank portfolio buying 30s. Update: 
* 3M10Y  -2.58, 45.286 (L: 44.943 / H: 48.104)
* 2Y10Y  -0.911, 44.609 (L: 44.407 / H: 46.415)
*2Y30Y  -1.514, 114.87 (L: 114.425 / H: 117.107)
* 5Y30Y  -1.501, 102.807 (L: 102.457 / H: 104.34); Current futures levels:
* Sep 2-Yr futures up 0.125/32  at 110-13.875 (L: 110-13.5 / H: 110-14)
* Sep 5-Yr futures up 1/32  at 125-27.25 (L: 125-25.5 / H: 125-27.75)
* Sep 10-Yr futures up 3.5/32  at 139-20 (L: 139-15.5 / H: 139-21)
* Sep 30-Yr futures up 15/32  at 180-24 (L: 180-08 / H: 180-26)
* Sep Ultra futures up 31/32  at 223-18 (L: 222-17 / H: 223-22)

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