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Tsys blipped higher on back of.......>

US TSY FUTURES
US TSY FUTURES: Tsys blipped higher on back of Washington Post headline
suggesting Trump admin advisors expect to see tariffs on foreign autos (25%)
imposed this year. Program buying quickly faded, futures back in range. Current
cash 10Y 99-14.5 (2.937%) vs. 99-11.5 (2.949%) late Tuesday; 30YY 3.061%. Curve
flatter:
* 2s10s -2.712, 28.421 (28.017L/31.133H);
* 2s30s -3.199, 40.657 (40.492L/43.935H);
* 5s30s -1.170, 24.291 (24.107L/25.816H);
Current futures levels:
* Sep Ultra bonds up 15/32 at 157-15 (156-29L/157-16H)
* Sep 30-yr Bond futures up 8/32 at 143-14 (143-03L/143-16H)
* Sep 10-yr futures up 2.5/32 at 119-20.5 (119-17L/119-21.5H)
* Sep 5-yr futures up .5/32 at 113-07.5 (113-06.5L/113-08.5H)
* Sep 2-yr futures down .25/32 at 105-23.25 (105-22.75L/105-24H)

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