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US TSYS: Treasuries creep a bit higher in midafternoon action; 10Y yield is at
2.381% vs. 2.369% session yield low set at 8:46am ET and 2.426% session high
yield hit at 8:22am ET.
- US stocks meanwhile are relieved at the news that the proposed US tax plan
does not include a corporate (not individual) Alternative Minimum Tax provision,
according to both Bloomberg and CNBC. Pres. Trump was scheduled to speak at 3pm
ET on the tax plan; Wash Post said there was to have been a 2pm ET conference
meeting among legislators to hash out the Sen/House tax plan a bit more, but the
biggest portion has already been done, it said.
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