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*** After a weaker open, Tsys.......>

US TSYS SUMMARY
US TSYS SUMMARY: *** After a weaker open, Tsys traded firmer into midday, off
late morning highs w/long end outperforming ahead the 2Y note auction. Mild
weakening in US$ adding to continued support for Tsys, curve flattening
w/supply-tied hedging keeping short-end anchored. Latest curve update:
* 2s10s -2.476, 56.146 (59.061H/55.423L)
* 2s30s -3.125, 90.482 (94.905H/89.935L)
* 5s30s -1.100, 56.915 (59.636H/56.354L)
- Light post-Christmas volume (TYH<210k), light two-way flow, pre-auction short
setting ahead $26B 2Y kept front end anchored. Little/no react to data, Oct
Case-Shiller seasonal adj Home Price index +0.7%. 
- No LIBOR sets due to London holiday, resumes Wed. 3M LIBOR had gained +0.0745
last week, settling at 1.6858% last Friday.
- Oil surged, WTI neared $60.0 first time since mid-'15 after word terrorists
blew up Libyan pipeline; Bbg headline cited Libya's NOC est. 100k output drop 
- Swap spds running tighter on light 2-way curve flow in short end, flys $219k
5Y-6Y-7Y Fly, paying the belly, $301.4k 3Y-5Y-10Y Fly, paying the belly.

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