Traders in the U.S. Treasuries........>

US TSYS/BUNDS: Traders in the U.S. Treasuries market will be watching carefully

next week as the Federal Reserve should actually unveil its taper/Fed balance

sheet reduction program at its 2-day FOMC meeting Tues and Wed. The market will

also pay some attention too to the North Korea/geopolitical situation. 

- Treasuries market traded Friday afternoon with a rather weak tone after

cross-market pressure from UK Gilts and German Bunds, as Gilts, Bunds and other

European government bonds all closed the week near the week's high yields. Gilts

reacted negatively as normally dovish Bank of England Monetary Policy Committee

member Gertjan Vlieghe endorsed a near-term UK rate hike while Bunds got hurt as

ECB/BBK's Sabine Lautenschlaeger proved hawkish too. 

- And the U.S. government bond market had some worry about next week's FOMC

meeting, where the members are expected to unveil more details on the Fed's

"tapering" of its monetary policy accommodation. For more please see the MNI

Main Wire US Credit Mkt Week Ahead 15:07pm ET story.