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June T-bonds closed up 22/32's at 156-09.

June T-bonds closed higher on Thursday as it consolidated some of this week's decline but remains below broken support marked by the 50-day moving average crossing at 156-25. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If June extends this week's decline, the March 30th low crossing at 153-29 is the next downside target. Closes above the 20-day moving average crossing at 157-20 would signal that a short-term low has been posted. First resistance is last-Friday's high crossing at 160-15. Second resistance is the 38% retracement level of the 2020-2021-decline crossing at 160-15. First support is the March 30th low crossing at 153-29. Second support is the March 18th low crossing at 153-07.

June T-notes closed up 110-points at 132.085.

June T-notes closed higher on Thursday as it consolidated some of the decline off last-Friday's high. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. If June extends this week's decline, the April-29th low crossing at 131.185 is the next downside target. If June renews the rally off April's low, the 38% retracement level of the 2020-2021-decline crossing at 134.054 is the next upside target. First resistance is the 25% retracement level of the 2020-2021-decline crossing at 133.001. Second resistance is March's high crossing at 133.230. First support is the April 29th low crossing at 131.185. Second support is April's low crossing at 130.255.