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But NatWest's Blake Gwinn also.....>

US TSYS/RESEARCH
US TSYS/RESEARCH: But NatWest's Blake Gwinn also said the 10-year note yield
could "push back towards 2.10% in 10s this week" vs. current 2.222% level.
"Reading and watching some of the GOP blowback to the President's communications
regarding Charlottesville over the weekend, it seems like another brick in the
wall that is gradually being built between the President and Congressional
Republicans by incidents such as the fallout with Sessions, the ousting of GOP
insiders such as Priebus and Spicer, last week's Twitter war with McConnell,
Trump's attempts to distance himself from the healthcare failure, all while the
Mueller investigation continues in the background," he said.
- Gwinn said "a chilly relationship between the White House and Congressional
Republicans likely makes it even more difficult to get things done, such as a
FY2018 budget, a debt ceiling resolution, and eventually tax reform later this
year. In addition, I think the risks around this week's FOMC minutes" out Wed
2pm ET "are likely skewed towards the dovish side: in that we either see greater
signs of doubt on the inflation outlook than expected, or we maintain the
"transitory" status quo." 

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