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CORRECTS ylds/Cash lvls Tsys........>

US TSYS SUMMARY
US TSYS SUMMARY: CORRECTS ylds/Cash lvls Tsys holding strong gains/off session
highs following the final leg of week's Tsy supply w/$30B 7Y note auction
stopping through to 2.930% rate w/2.62 bid/cvr. Trade relatively quiet w/May
minutes out of the way, traders setting sights on extended holiday weekend
(early close Fri, Mon closed).
- Tsys followed Bunds higher early as 10Y Italy vs. Bunds rebounded, +2.8 to
192.0 after trading lower late overnight; decline in US$/Yen added to decline in
Tsy ylds, 10YY -.0165 to 2.9770. USD index little weaker (DXY -0.300, 93.704)
US$ vs. Yen -0.76, 109.32 vs. 110.12H; stocks weaker (emini -3.75, 2727.0); West
Texas crude weaker (WTI -0.67, 71.17); gold strong (XAU +11.57, 1304.96). 
- Heavy futures volume amid continued Jun/Sep rolling (TUM/TYU >1.2M!). Little
react to earlier data w/weekly claims (234k est), home price/existing sales
data, Atl Fed Pres Bostic and Phi Fed Pres Harker speaking at same event today.
Fed Bostic says comfortable w/3 hikes in 2018, neutral rate 2.25%-2.75%. 
- Tsy cash/ylds: 2Y 99-31 (2.514%), 5Y 99-21.25 (2.821%), 10Y 99-02.5 (2.981%),
30Y 99-29 (3.129%)

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