Rates finishing strong even as.........>

US TSY FLOWS: Rates finishing strong even as equities make attempt to revisit

midday highs. Second half vol: risk-off move that was gaining momentum before

myriad headlines where he heralded his great relationship with China, that they

would make a deal. Trump also announced he had finished but had not submitted

answers to Mueller probe questions. SPX climbed to 2748.75. Risk-off to the fore

soon after as WH said "president was simply expressing optimism about ongoing

negotiations with the Chinese when he said the US may not have to impose

additional tariffs," CNBC reported.

- Modest two way-flow earlier reverted to better buying in 5s-10s into midday,

prop, fast- and real$ selling intermediates to long end last few minutes.

Ongoing block buys (likely short covering) in TUZ (+15k from 105-14.5 to

-15.25). Decent Dec/Mar futures rolls in 2s and 5s helping pad volume.

- Eurodlr Reds-Greens surged after Fed vice chairman Clarida gave an interview

with CNBC giving a dovish tone towards future rate hikes. Tsy cash/ylds: 2Y

100-03.75 (2.808%), 5Y 99-29.5 (2.890%), 10Y 100-14 (3.072%), 30Y 100-28

(3.328%).