*** Rolls near 75% complete ahead....>

US TSY FUTURES: *** Rolls near 75% complete ahead September taking lead from

June at end of this month (first notice May 31). June future's staggered

expiration on June 19 for 10s, 30s and Ultras, and June 28 for 2s and 5s.

Update:

* TUM/TUU appr 246,000 from -9.38 to -8.62, -9.25 last, appr 73% complete;

* FVM/FVU appr 411,000 from -7.0 to -6.0, -6.25 last, appr 75% complete;

* TYM/TYU appr 423,000 from -11.25 to -10.25, -11.0 last, appr 65% complete;

* USM/USU appr 68,000 from 19.75 to 20.25, 19.75 last, appr 67% complete;

* WNM/WNU appr 45,000 from -25.75 to -24.75, -25.75 last, appr 74% complete;