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Trading weaker by the bell,....>

US TSY FUTURES CLOSE
US TSY FUTURES CLOSE: Trading weaker by the bell, near early session lows,
drifting in narrow range after initial sell-off after the open, tracking EGBs.
Otherwise quiet, little react to second/third-tier data, position squaring,
profit taking on curve flatteners ahead next wk's FOMC policy annc, .25bps hike
expected Wed. Curve recovering, update:
* 2s10s +0.996, 55.128 (56.777H/52.119L);
* 2s30s +1.350, 78.519 (80.450H/74.746L);
* 5s30s +0.323, 43.507 (45.099H/41.986L);
Current futures levels:
* Jun Ultra bonds down 17/32 at 157-12 (157-05L/158-21H)
* Jun 30-yr Bond futures down 12/32 at 144-14 (144-08L/145-11H)
* Jun 10-yr futures down 5/32 at 120-11 (120-08.5L/120-19.5H)
* Jun 5-yr futures down 3.75/32 at 114-00.5 (113-31.5L/114-05.75H)
* Jun 2-yr futures down .25/32 at 106-07.5 (106-07L/106-08.75H)

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