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*** Looking to break higher, long....>

US TSY FUTURES
US TSY FUTURES: *** Looking to break higher, long end close to extending early
London highs last few minutes. Sellers growing scarce, sources noted real$ and
bank selling 10s-30s earlier but flow more pared now. Chatter from some dealer
desks on Monday of convexity hedgers cuing up, watch if 30YY hits 1.80% (1.814%
currently). Heavy overall volumes on day (TYH>2.8M) inflated by Mar/Jun rolling.
Update:
* 3M10Y  -1.176, -19.223 (L: -19.825 / H: -14.141)
* 2Y10Y  +0.461, 12.14 (L: 10.601 / H: 12.719)
* 2Y30Y  +0.914, 59.017 (L: 56.564 / H: 59.473)
* 5Y30Y  +1.043, 63.39 (L: 61.204 / H: 63.889); Current futures levels:
* Mar 2-Yr futures up 2.875/32 at 108-11.625 (L: 108-06.875 / H: 108-11.625)
* Mar 5-Yr futures up 7/32 at 121-0 (L: 120-19 / H: 121-00)
* Mar 10-Yr futures up 11/32 at 133-0 (L: 132-11 / H: 133-00.5)
* Mar 30-Yr futures up 23/32 at 167-14 (L: 165-31 / H: 167-16)
* Mar Ultra futures up 1-2/32 at 201-14 (L: 199-01 / H: 201-15)

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