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Trading mildly higher, but off.......>

US TSY FUTURES
US TSY FUTURES: Trading mildly higher, but off late overnight highs in long end
on decent volumes (TYM>385k), rates pared gains as equities bounced off lows
earlier (WMT +3.1% on Q1 revs' of $134.62B). Eq's still strong after Mon's
rally, note Japan and China eq mkts back to pre-Covid levels. Yld curves mostly
steeper w/5s30s near 110. Update:
* 3M10Y  -1.615, 59.516 (L: 56 / H: 59.516)
* 2Y10Y  +0.762, 55.006 (L: 52.108 / H: 55.66)
* 2Y30Y  +1.656, 126.979 (L: 123.686 / H: 128.305)
* 5Y30Y  +1.698, 108.008 (L: 105.592 / H: 109.057); Current futures levels:
* Jun 2-Yr futures up 0.125/32 at 110-7 (L: 110-06.875 / H: 110-07.75)
* Jun 5-Yr futures up 2/32 at 125-14.25 (L: 125-12.7 / H: 125-16.75)
* Jun 10-Yr futures up 3.5/32 at 138-22.5 (L: 138-20 / H: 138-29)
* Jun 30-Yr futures up 3/32 at 178-8 (L: 177-30 / H: 179-01)
* Jun Ultra futures up 4/32 at 218-7 (L: 217-19 / H: 219-25)

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