Some decent buying in the belly of the curve this a.m.

The total amount bought in the June 5yr. 119 calls as of 8:14 a.m.c.s.t. is 10K. Pit traders indicate they have been buying some on the screen as well. We saw at least 6K taken on the floor paying 5.5 to 7 tics with futures between 116'31.5 and 11701. Earlier in the week before the Fed disappointed the market by not signaling anything more "aggressive on the quantitative ease front, we saw dealers buying 5yr. notes and selling bonds for decent size, see alert posted 9:21 a.m. on 4/29 @ www.accutic.net  the curve has since steepened quite a bit.