burner as further impetus was awaited. Equities did drift off as the session progressed & this saw our market sit near the top of the day's ranges for the majority of the afternoon trade before late selling pared gains. Treasuries have rallied as the US headed into the Memorial Day holiday weekend with the safe haven bid evident in thinner than usual trade – concerns over the Euro zone the main driver – analysts eyeing a volatile month in June. Our market has added a couple of ticks in both bond markets & we will open in familiar territory this morning the market seemingly comfortable. As mentioned previously we appear to have settled in wider trading brackets with 50- 70 (3's) & 80 – 00 (10's) looking to facilitate trade at present. Locally we have data due mid week – so at face value we continue to await fresh impetus from offshore.

YT SYCOM CLOSE: 97.62 HIGH: 97.64 LOW: 97.57

RESISTANCE 97.64, 97.67**, 96.70

SUPPORT 97.56/58**, 97.52/53, 97.47/49**

XT SYCOM CLOSE: 96.91 HIGH: 96.915 LOW: 96.86

RESISTANCE 96.93, 96.95, 96.975, 96.995*

SUPPORT 96.89, 96.87, 96.85, 93.82/83*