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T-Notes blipped lower heading into.....>

US TSY/RECAP
US TSY/RECAP: T-Notes blipped lower heading into the close, finishing around
Wednesday's session re-opening levels after hovering shy of early session highs
- The session held the highest volume of the week, but U.S. trade was still
somewhat subdued after the early risk-off bid as U.S.-China trade tensions
ratcheted higher.
- There was little reaction to mildly stronger than expected U.S. PPI.
- The 10-Year Note auction fared better than Tuesday's 3-Year auction, stopping
through, while the cover ratio and dealer takedown were steady.
- Fed's Williams offered little fresh on MonPol in a late address.
- Focus on Thursday moves to U.S. CPI, addresses from Kashkari & Harker, as well
as the 30-Year Bond auction.
- T-Notes last at 120.07+, U.S. 10-Year Tsy yields closed at 2.849%.
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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