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Looks like the pre-data buyer had....>

US TSY FUTURES
US TSY FUTURES: Looks like the pre-data buyer had it right...futures spike
higher after NFP misses estimate by 100k took out some tight stops on the way up
before paring gains slightly. Short end strong bid -- as June cut chances on the
rise.
Curves bending steeper, Update:
* 3M10Y  -3.005, -22.337 (L: -23.798 / H: -18.268)
* 2Y10Y  +2.339, 26.009 (L: 22.024 / H: 26.211)
* 2Y30Y  +3.549, 76.827 (L: 71.101 / H: 77.028)
* 5Y30Y  +2.969, 75.875 (L: 71.254 / H: 76.039)
Current futures levels:
* Sep 2-Yr futures up 4.25/32  at 107-18 (L: 107-12.75 / H: 107-18)
* Sep 5-Yr futures up 9/32  at 117-27.25 (L: 117-16 / H: 117-27.25)
* Sep 10-Yr futures up 13.5/32  at 127-11.5 (L: 126-28 / H: 127-12.5)
* Sep 30-Yr futures up 27/32  at 154-12 (L: 153-15 / H: 154-22)
* Sep Ultra futures up 1-3/32  at 175-24 (L: 174-16 / H: 176-11)

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