USTs sold off over the course of....>

US TSYS SUMMARY: USTs sold off over the course of the afternoon alongside a

continued push higher for equities and generally directionless dollar. 

- The TYU0 contract has traded down towards the bottom end of the day's range

and last printed 139-06.

- The UST curve has bear steepened with the 2s30s spread now 4bp wider on the

day. Current yield levels: 2-year 0.1505%, 5-year 0.2862%, 10-year 0.6561%,

30-year 1.4153%.

- The MNI Chicago PMI for June, published earlier today, came in far below

expectations (36.6 vs 45.0 survey).

- Secretary of the Treasury Steven Mnuchin and Fed Chair Jerome Powell  provided

testimony on the Covid-19 pandemic response before for the House Financial

Services Committee. There will little in the hearing to move the meter in the

market. 

- The NY Fed accepted USD4.75bn of securities in O/N repo.