Treasuries end Thu higher,..........>

US TSYS SUMMARY: Treasuries end Thu higher, flatter amid afternoon safe-haven

buying on Iran, N.Korea worries, post-auction relief buying on strong $12B 30Y

reopening. Tsys bid as Pres. Trump will announce Fri 12:45pm ET on Iran plan,

and that USGSG could not confirm if N.Korea earthquake manmade or not. FX-tied

buys as US$ ebbed vs Jpn yen. 

- Solid 30Y auction stopped thru to 2.870%, 2.750% cpn, strong 62.8% indirects,

10.6% directs, left only 26.6% dealers. Afternoon mild 2/30Y, 3/30Y flatteners,

short-covering and post-auctn dip buys. Some had felt buyers wd wait for Fri

CPI. 

- Morning pre-auction shorts/sales into 30Y sale, Asian buying in 2Y, 5Y in

early NY; 2way 30Y hedge fund flows, other mixed flows in shorter issues. 

- Brief early sales on high 0.4% Sept. Core PPI, lower initial wkly jobless

claims. Tsys saw 3:21am ET block buy in 10Y Tsy futures, for 4,364 TYZ7s. And

11:16 am ET a $163,200 DV01 8/9/10Y swap butterfly with paper paying belly. 

-TSYS 3PM ET: 2Y 1.517%, 3Y 1.663%, 5Y 1.940%, 7Y 2.157%, 10Y 2.323%, 30Y 2.853%