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Modest/delayed react to ADP..........>

US TSY FUTURES
US TSY FUTURES: Modest/delayed react to ADP private employ data (-20.236M for
Apr, Mar revision down additional 122k to -149k), Tsys inch off recent lows
while equities trim gains (EDM0 +10.0). Yld curves mildly steeper. Update:
* 3M10Y  +0.866, 53.836 (L: 51.676 / H: 56.697)
* 2Y10Y  +1.875, 49.052 (L: 47.268 / H: 49.49)
* 2Y30Y  +1.856, 116.042 (L: 113.975 / H: 116.548)
* 5Y30Y  +0.913, 96.455 (L: 94.961 / H: 96.742); Current futures levels:
* Jun 2-Yr futures down 0.25/32  at 110-6.125 (L: 110-05.5 / H: 110-06.375)
* Jun 5-Yr futures down 3/32  at 125-9.25 (L: 125-07.5 / H: 125-11.5)
* Jun 10-Yr futures down 6/32  at 138-21.5 (L: 138-18.5 / H: 138-26)
* Jun 30-Yr futures down 13/32  at 179-28 (L: 179-21 / H: 180-08)
* Jun Ultra futures down 27/32  at 221-16 (L: 221-08 / H: 222-08)

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