Treasuries are a bit stronger.......>

US TSYS SUMMARY: Treasuries are a bit stronger with the curve flattening as

equities look set to give back some of Tuesday`s late gains.

- Some bull flattening on the cash Tsy curve so far: 2-Yr yield is down 1.2bps

at 2.8669%, 5-Yr is down 2.9bps at 2.9828%, 10-Yr is down 2.5bps at 3.1431%, and

30-Yr is down 1.7bps at 3.3513%.

- Green and Blue Eurodollar futures are up 3.0-3.5 ticks.

- T-Note Dec18 futures are up 6 ticks at 118-145, off highs of 118-185.

- Mkt source noted that following heavy buying of TYX8 119 calls Tues morning,

today seeing heavy positioning in TY options again incl 20k TY 2-week

118.75/119.25/119.75 call flys bought at 5, and 34k TYZ8 116.5 puts bought at 4,

some vs TYZ8 contracts and outright as well.

- S&P E-mini equity future down 0.55% at 2,731.25, DXY up 0.4% at 96.56 as EUR

faded on weak Oct Eurozone PMI data out this morning.

- Plenty of Fed action ahead: Bullard, George, Bostic & Mester speaking, and

Fed's Beige book out.

- Data releases are headlined by new home sales & Markit flash PMI surveys.