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Moving Off Late Overnight Lows

US TSY FUTURES
Bonds trading moderately higher, pulling shorter durations off late overnight lows, still an inside range with levels near mid-range. Equities see-sawing higher though, eminis over Thursday's highs, currently around 4172.0 +17.75.
  • Tsy futures volumes little better than average at the moment -- TYM1 >365k, expected to surge as Jun/Sep roll picks up ahead next week Fri's first notice.
  • Note: June Tsy options expire today as well, some amount of pin risk in 5s and 10s needs watching if futures start crossing strikes.

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