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### POV, CURVE STEEPENERS/FLATTENER.........>

US TSYS
US TSYS: ### POV, CURVE STEEPENERS/FLATTENER UNWINDS SHORT LIVED?
* Regarding the late session TUH/FVH steepener opinion that market will see more
in the short term...could be very short term. What happens IF Fri's data is
another blow-out jobs gain well over expectations like December (+312k)?  
* The lack of more supporting data due to the shutdown will temper this...but if
Fed remains data dependent, a well above consensus number Friday is likely to
firm up hike expectations out the curve (not that a HIKE is certain...just
moving the % levels off current lows, enough to generate some two-way flow...)

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