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Treasuries are under a bit of.......>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries are under a bit of pressure ahead of nonfarm
payrolls, but generally taking a breather following the previous volatile
sessions.
- The Dec 18 T-Note future is down 1.5/32 at 117-260, having traded in a range
of 117-230 to 117-300.
- Seeing some modest steepening in the cash curve, with the 2-Yr yield up 1.3bps
at 2.8809%, 5-Yr up 1.4bps at 3.059%, 10-Yr up 1.5bps at 3.2024%, and 30-Yr up
1.6bps at 3.3633%.
- Eurodollars are pretty flat, a bit of weakness seen in far-dated (Blue)
contracts but only a tick.
- Biggest focal point of the day is at 0830EST/1230GMT, which sees nonfarm
payrolls and international trade data, followed by U.S. consumer credit at
1000EST/1400GMT.
- Payrolls forecast to rise by 182,000 in September after a
stronger-than-expected 201,000 rise in August. Our data team's analysis suggests
that an overestimate is likely, however.

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