US TSYS: May 1 FOMC Minutes React
* Treasury futures recede slightly following the release of May 1 FOMC minutes,
some pressure tied to willingness of voting members willingness to tighten if
necessary.
* Treasury futures still off early session lows: Jun'24 10Y futures currently
-5.5 at 109-02 vs. 108-28.5 low (just through 108-29 technical support:
20-day EMA). Curves flatter, near lows, 2s10s -3.120 at -44.988.