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*** Tsys holding modest gains in.....>

US TSY FUTURES
US TSY FUTURES: *** Tsys holding modest gains in long end while yield curves
steepen out last couple minutes (5s30s +1.260, 32.716), delayed react US$ index
slips below 92.40 but bouncing. Focus on inflation upgrade with FOMC statement
noting "inflation on a 12-month basis is expected to run near the Committee's
symmetric 2 percent objective over 
the medium term," vs. prior statement "(i)nflation on a 12-month basis is
expected to move up in coming months and to stabilize around the Committee's 2
percent objective over the medium term."

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