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Rebounding after gradually paring....>

US TSY FUTURES
US TSY FUTURES: Rebounding after gradually paring gains over last hour, TYU
buyer from 119-31.5 to 120-01.5 last 10 minutes (10YY -.0203 to 2.8766
directional w/ dip in US$/Yen to 109.54). Curves mixed after 5s/10Y ultra 1x2
steepener block (large flattener unwinds reflected in CFTC/CoT data out Fri):
* 2s10s -0.946, 34.077 (33.411L/34.973H);
* 2s30s -0.173, 49.225 (47.923L/50.218H);
* 5s30s +0.797, 27.881 (26.621L/28.550H);
Current futures levels:
* Sep Ultra bonds up 15/32 at 158-12 (157-30L/158-23H)
* Sep 30-yr Bond futures up 11/32 at 144-10 (143-31L/144-18H)
* Sep 10-yr futures up 7.5/32 at 120-02 (119-27.5L/120-04.5H)
* Sep 5-yr futures up 4.25/32 at 113-16.75 (113-12.75L/113-18.25H)
* Sep 2-yr futures up 1.25/32 at 105-28.75 (105-27.5L/105-29.5H)

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