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Quiet re-open for futures. Tsys........>

US TSY/RECAP
US TSY/RECAP: Quiet re-open for futures. Tsys ended lower on Friday, as equities
moved higher on trade optimism, with bear flattening apparent as the long end
lagged the move. Market had one eye on the bell ahead of the long holiday
weekend, with cash markets closed Monday & altered futures hours in play.
- Fed entered blackout on Friday, with Williams, Daly & Harker all speaking. The
2 former speakers pointed to a patient stance, while Harker highlighted strong
hard economic data.
- UOM expectations component was soft on Friday.
- Gov't shutdown matters continue after Dems brushed aside Trump's latest offer.
- China GDP & UK PM May's second Brexit deal proposal headline the global docket
today.
- T-Notes last 121.06, U.S. 10-Year cash Tsy yields closed at 2.784%.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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