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Steady to mixed after the bell,.....>

US TSYS SUMMARY
US TSYS SUMMARY: Steady to mixed after the bell, near middle of narrow range on
very light session volume (TYM<590k) as a result of of European spring holiday
closings. Fed speakers Bostic, Barkin taking their turn explaining "symmetric"
inflation on day having little effect on mkts.
- US$ index climbed higher earlier (DXY 92.974H) weighed on Tsys, pared gains in
second half to 92.757, +.191.; equities firmer (emini +4.5, 2677.5); gold weaker
(XAU -1.44, 1313.91); West Texas crude tapped 70.84 high early, as mid-East
tensions heat up (headlines saying Israeli oil minister Steinitz threatening
Syrian Pres Assad over Iran). Late reversal: crude didn't like the Trump annc on
Iran deal (1400ET Tuesday): WTI now +.01 at 69.73.
- Mixed two-way flow on net, fast$, props in 2s-10s. Swap spds running wider
after the bell, at/near top end of range on very light flow. While limited
swappable supply played a role in underpinning spds on the day, limited second
half flow did include $190mln receiver of USD 5Y at 2.92%, Spd curve steepeners
in 3s5s and 5s10s. 
- Tsy ylds: 2Y 2.497%, 3Y 2.631%, 5Y 2.785%, 7Y 2.900%, 10Y 2.950%, 30Y 3.120%

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