*** Long end Tsys finished..........>

US TSYS SUMMARY: *** Long end Tsys finished strong, status-quo FOMC minutes

spurred decent bout of selling in short end. Dec 12-13 FOMC Minutes show almost

all agreed on rate hike, Evans and Kashkari wanting to wait for infl rise. Next

up: Thu's ADP (+192k whisper), Fri' NFP (+190k est). 

- Yld curves crater: 2s10s -3.019, 50.995 (54.559H/50.633L); 2s30s -4.178,

84.867 (89.824H/84.400L); 5s30s -2.637, 53.751 (56.931H/53.207L); Gold weaker

(XAU -1.77, 1315.73), West Texas crude new 2.5yr highs (WTI +1.40, 61.77). Heavy

Mar'18 Eurodollar volume. Equities surge, emini +20.0, 2713.0.

* Tsys followed core EGBs higher initially. Midmorning action rather muted as

Tsys lost support post data, sources reported fast$ sellers in 7s and 10s

pre-data. Post minutes selling 10s by fast-, real$.

- Specs, real$ modest buyers on lows post data, futures still off session highs;

intermediates levering to new intraday highs w/long end lagging move. Swap spds

running mostly wider, off early narrows amid some deal-tied hedging in 5s-10s,

light steepener action in 5s vs. long end.

- 3PM ET: 2Y 1.927%, 3Y 2.012%, 5Y 2.245%, 7Y 2.365%, 10Y 2.443%, 30Y 2.780%