Treasuries end Wed higher amid......>

US TSYS SUMMARY: Treasuries end Wed higher amid EGB strength, risk-off flow,

Brexit nerves; also aided by soft US unit labor costs, softer than expected 190K

US ADP private payrolls. 

- Tsys rose until 10am ET, then drifted off session high on light profit-taking.

Tsys aided by a soft dollar/yen, FX-tied black-box buys in Tsys intermeds. Tsy

futures had sell-through block trade 8:39am ET for 5,000 TYH 10Y at 124.19,

while was block buy at 8:26am of 8,900 FVH at 116-15.5, a buy through. 

- Tsys  began NY higher after overnight 2way flow, risk-off buys as global

stocks pressured by US tax worries. US Eurodlr futures saw before pre-8am ET

sale of 20,000 in EDZ7s then near 8:29am ET sale 50,000 EDZ7 at 98.422; 8:26am

ET block for 2,000 Red packs (EDZ8-EDU9) at 0.035 then 10:15am ET total of 6,000

Red packs done at +0.375. 

- Tsy said it will Fri noon ET suspend sales of SLUGS (State and Local Govt

Secs) used in muni bond mkt; Tsy wants avoid bumping up vs debt limit; temporary

ceiling lift expires Fri. 3PM ET: 2Y 1.806%, 3Y 1.912%, 5Y 2.120%, 7Y 2.254%,

10Y 2.330%, 30Y 2.719%.