Relative quiet in Tsys w/carry-over....>

US TSY FLOWS: Relative quiet in Tsys w/carry-over Tsy support after Wed's dovish

FOMC annc, focus quickly turned to BoE, policy unchanged at 0.75% as expected. A

BoE survey of appr 300 companies showed that 80% of firms were ready for a

no-deal, up from 50% in Jan.

- Tsy support waned late, yld curves rebounding from new lows by the bell.

Little react to weekly claims or bounce in Philly Fed business conditions index.

- Session flow included better real&$ buyers across the curve in the first half,

gradually increasing deal-tied selling in fronts to intermediates, better

swap-tied buying in 7-10s, large -14,547 TYM 123-11, sell through 123-11.5 post

time bid.

- On tap for Friday: Markit Manufacturing and Service Index for March; February

existing home sales; BLS state payrolls; wholesale inventories and sales;

Atlanta Fed President Bostic at econ-outlook, mon/pol conference in San

Francisco.

- Tsy cash/ylds: 2Y 100-05.38 (2.408%), 5Y 100-04.25 (2.341%), 10Y 101-23.5

(2.967%), 30Y 100-20.5 (2.967%).