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Tsys trading firmer, off highs on....>

US TSY FUTURES
US TSY FUTURES: Tsys trading firmer, off highs on decent volume (TYH>375k),
curves paring back portion of Tue's steepening. US Pres. Trump's SoU address
went off smoothly. Busy day today w/month-end duration extensions, ADP private
ADP on tap (+218k whisper, +185k est/Bbg), TBAC refunding annc at 0830ET,
Chicago PMI and Janet Yellen's final FOMC annc. Latest curve update:
* 2s10s -0.696, 58.456 (60.303H/58.269L);
* 2s30s -1.004, 83.224 (85.448H/83.062L);
* 5s30s -0.623, 45.728 (47.065H/45.642L);
Current futures levels:
* Mar Ultra bonds up 24/32 at 161-19 (160-27L/161-24H)
* Mar 30-yr Bond futures up 13/32 at 147-25 (147-10L/147-30H)
* Mar 10-yr futures up 4.5/32 at 121-25 (121-19L/121-27.5H)
* Mar 5-yr futures up 1.5/32 at 114-28.25 (114-26L/114-30.25H)
* Mar 2-yr futures up .25/32 at 106-21.5 (106-21.25L/106-22.5H)

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