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The curve bull steepening............>

US TSY FUTURES
US TSY FUTURES: The curve bull steepening narrative seen for most of the week
faced a stiff challenge post-retail sales data Friday, with the short end
selling off hard. But overall the steepening theme remains in place - just -
with 2s10s/2s30s/5s30s off this week's best levels but 2-4bps above last week's
close. Curve update:
* 3M10Y +1.125, -7.825 (L: -12.297 / H: -7.825)
* 1Y10Y -1.478, 7.438 (L: 4.858 / H: 10.835)
* 2Y10Y -1.092, 24.382 (L: 22.708 / H: 27.104)
* 2Y30Y -1.777, 74.348 (L: 72.017 / H: 78.03)
* 5Y30Y -1.512, 74.641 (L: 73.407 / H: 77.787)
Current futures levels:
* Sep 2-Yr futures (TU) down 1.75/32 at 107-14.75 (L: 107-12.875 / H: 107-18.75)
* Sep 5-Yr futures (FV) down 3.25/32 at 117-23.25 (L: 117-20 / H: 117-31.5)
* Sep 10-Yr futures (TY) down 2/32 at 127-9.5 (L: 127-05 / H: 127-21)
* Sep 30-Yr futures (US) up 3/32 at 154-11 (L: 154-00 / H: 154-27)
* Sep Ultra futures (WN) up 8/32 at 175-21 (L: 175-08 / H: 176-14)

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