10-Yr: +20/32..2.911%.. USD/JPY: 86.47.. EUR/USD: 1.3048Playing in the 5 Space: Traders report some decent size running through the 5-yrs early, with a size buyer just ahead of the first run of data then a seller of a third more size on the top as trade ticked around the best levels since Mar 2009. The 120 calls have also seen some size going through with the futures trading near 119-20. Implied volatility has actually ticked up some on the session on the longer end while flat on the shorter instruments. Players point out that, although it's Fri there are still some corporate issuers looking to the 5-and-10-yr space for $500 mln and more size. Trade has a little room to the 1.581% level, but then may get boxed in from 1.595% and 1.659% as the game loses interest. The VIX volatility index was gapped up higher early, but has gotten crumbled since, to 24.08 from 26.35