U.S. Interest Rate Markets
Jun 10-year T-notes this morning are up +2.5 ticks. Thursday's closes: TYM7 -10.50, FVM7 -6.75. Jun 10-year T-notes on Thursday closed lower on negative carry-over from a drop in German bunds to a 2-week low on reduced political risks in France after polls showed pro-EU candidate Macron leading before Sunday's first round of France's presidential election. T-notes were also undercut by reduced safe-haven demand due to the rally in stocks.