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*** Oddly quiet week opener, Tsy....>

US TSYS SUMMARY
US TSYS SUMMARY: *** Oddly quiet week opener, Tsy futures trading mostly higher,
long end outperforming - but well off pre-open highs after surge in
risk-off/safe-haven buying on news of pipe bomb explosion at 8th ave/west 44 st
subway station in NY. Minor injuries and suspect that had bomb strapped to body
survives, taken into custody. 2s10s -2.164, 55.582; 5s30s -1.435, 61.259.
- Muted trade on the follow as Tsys gradually reversed risk-off move, curve
holding flatter profile into second leg of Mon's Tsy note supply. Late morning
$24B 3Y auction drew 1.932 rate; awaiting results of US$20B 10Y reopen. 
- No react to midmorning BLS jobs data, market appears on hold for Wed's FOMC
policy annc, widely expected .25bp hike, SEP nod to 4 hikes in '18 anticipated.
- Early Eurodollar flow, decent seller in short end following the 3M LIBOR set
(+0.0147 to 1.5635%, +0.0542 last wk), knocking EDZ7 down 0.007 to steady; large
buy +66k EDZ8/EDZ9, 0.170 followed. Buyer 15k TUH 107-05.25; myriad flatteners
in 2s, 3s and 5s vs. 10s and 30s. Some corporate deal-tied hedging in the mix.
Option flow included consolidation near expiry puts, Dec Eurodlr futures/options
expire Fri.

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