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Treasuries chopping lower, after a slight...>

US TSYS
US TSYS: Treasuries chopping lower, after a slight dip buying blip upward around
8:30am ET; US 10-year note is at 2.157% vs. 2.158% session high yield set at
6:48am ET. Tsy Secy Mnuchin said on CNBC that "competition between the states is
healthy."
- Tsys see 5/30Y flattening, and also 2/5Y, 2/10Y, 2/30Y curve steepening. TIPS
mildly outperform nominal Tsys.

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