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US T-note futures are giving back some of...>

US TSYS
US TSYS: US T-note futures are giving back some of yesterday's gains as some
stability returns to US equity futures following the weak US close. 10-year
future sits at 118-04, down 08+ on the day. Bulls were unable to extend
yesterday's gains above down trendline resistance and the 21-dma, keeping the
broader downtrend intact. 
- 10-year yields found support at the May 18 highs yesterday and have continued
to bounce in Asian trading, keeping the broader bull market intact. Yield sits
at 3.1649% with a break back above 3.2% needed to reignite the uptrend. 
- The yield curve is also rising following yesterday's drop, with the 2s-10s
trading at 29.8bps. 

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