Quiet start to the week, no............>

US TSY FLOWS: Quiet start to the week, no significant data, no react to Boston

Fed pres Rosengren and Atl Fed pres Bostic earlier. Muted volume (TYH<960k after

the bell, owing to Japan out for one day holiday). 

- Equity bid leant to modest risk-on tone/sale in rates; stocks close to making

new all-time highs in late trade (eminis still off Fri's high (3286.25) at

3283.75 (+19.0) in late trade -- sources cited drop in China Renminbi (6.8805,

-.0344 in late trade).

- Swap spds holding mildly wider across the curve/narrow range amid better

payers in 1s-4s early migrating to intermediates, deal-tied selling in 3s, 5s

and 7s. 

- Corp issuance: over $6B launched. Supply should continue to increase after

financial shares annc earnings starting Tuesday: Jan 14: JPM, Wells, Citi; Jan

15: CS, USB, BoA, GS; Jan 16: BoNYM, MS; Supra-sovs ramp up issuance as well

amid continued angst over geopolitical risk.

- The 2-Yr yield is up 1.6bps at 1.5863%, 5-Yr is up 1.8bps at 1.6495%, 10-Yr is

up 2.6bps at 1.8459%, and 30-Yr is up 2.6bps at 2.3044%.