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Long end chopping lower, new.........>

US TSY FUTURES
US TSY FUTURES: Long end chopping lower, new session lows, sources reporting
continued bank portfolio and real$ selling 10s and 30s, fast$ and prop selling
intermediates. Dip buyers 30s and chatter of flattener unwinds. Latest curve
update:
* 2s10s +3.846, 59.888 (60.090H/55.742L);
* 2s30s +4.401, 83.427 (83.628H/77.658L);
* 5s30s +2.426, 44.355 (44.437H/40.049L);
Current futures levels:
* Mar Ultra bonds down 1-16/32 at 160-14 (160-13L/162-03H)
* Mar 30-yr Bond futures down 1-2/32 at 146-24 (146-23L/148-02H)
* Mar 10-yr futures down 8.5/32 at 121-10 (121-09.5L/121-21.5H)
* Mar 5-yr futures down 3.25/32 at 114-19.5 (114-18L/114-23.75H)
* Mar 2-yr futures down .5/32 at 106-19.25 (106-18L/106-20.25H)

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