BMO analysts Ian Lyngen and........>

US TSYS/RESEARCH: BMO analysts Ian Lyngen and Aaron Kohli said that "in the week

ahead, the market will surely be faced with a litany of headlines from

Washington, as Congress returns from the August recess to find a looming

debt-ceiling, budget deadline, and the challenges of funding Hurricane Harvey

relief aid."

- They added that, "with the backdrop of North Korean geopolitical tensions and

the dearth of economic data, the fundamental inputs will be limited to a few

second tier releases and the Fed's Beige Book--hold the back page," they

quipped. 

- "We find ourselves more than just a little perplexed by the lack of material

follow-through from the softer employment report, and are nonetheless biased

toward lower yields in the medium-term, with the caveat that as vacations wind

down and the market returns in full force the prevailing range may be tested.

Watch for further consolidation over decisive action," they said.