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*** Trade related headline: "CHINA...>

US TSY FUTURES
US TSY FUTURES: *** Trade related headline: "CHINA TO MAKE STRONG
COUNTERMEASURES AGAINST U.S TARIFFS:XINHUA" bbg lent to rebound in Tsys and drop
in US$/Yen to 109.97. Fed Chair Powell headlines coming out now -- continued
rate hike case remains strong. Tsys pare back gains just as quickly, US$/Yen
back to 110.08. Heavy volume on the swing, appr 100k from 119-24.5 to -30.5 and
back to 119-26.5. Curves rebound update:
* 2s10s +0.618, 35.568 (33.958L/36.166H);
* 2s30s +0.439, 48.945 (46.675L/49.696H);
* 5s30s +0.236, 26.273 (24.579L/26.846H);
Current futures levels:
* Sep Ultra bonds down 6/32 at 158-02 (157-30L/158-18H)
* Sep 30-yr Bond futures down 3/32 at 144-00 (143-28L/144-11H)
* Sep 10-yr futures down .5/32 at 119-26.5 (119-22.5L/119-30H)
* Sep 5-yr futures steady at 113-12.5 (113-09.75L/113-14.5H)
* Sep 2-yr futures steady at 105-27.5 (105-26.75L/105-28.5H)

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