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Brisk buying has come into the cash....>

US TSY FLOWS
US TSY FLOWS: Brisk buying has come into the cash 30-year bonds, following the
softer 58.7 US ISM Purchasing Mgrs index, and softer prices paid and new orders
components too. And the 30-year bond appears to be dragging the rest of the
curve upward in price. Long end aided too by the earlier 9:47am ET block buy of
3,201 WNZ futures at 165-03. 
- Morning action also included lots of flatteners: 2/30Y, 2/10Y, 2/7Y, 2/5Y and
5/30Y cash Tsy curves. 
- TIPS and nominal Tsys see neither market outperforming the other, both
gaining. 
- MBS fairly steady after midmorning bid.

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