Treasuries end Wed higher on........>

US TSYS SUMMARY: Treasuries end Wed higher on uncertainty as Pres. Trump ends

Manufacturing Cncl, Strategy & Pol. Forum; Tsys & gold gained, stocks ebbed.

Earlier, Tsys rose amid unwinds of corp. rate-lock hedges from Tue heavy

high-grade bd issuance. 

- Tsys cash long end, futrs buying earlier, 12:50pm ET Tsy futr flattener (6,545

FVU 5Y futures sold/vs 12,013 TYU 10Y futrs crossed on offer). Afternoon 2:04pm

ET sale of 5,000 TYU at 126-12.5. Traders cited black box and real money buys on

FOMC mtg mins; traders still eyed Sep balance sheet reduction anncmt, Dec hike. 

- Tsys began NY weaker. Reuters: ECB Draghi wdn't unveil new pol change at

Jackson Hole. Tsys aided by -4.8% July hsg starts. Classic bd USU futures

buying: 10,000 from 154-19 to 154-21 before 11:10am ET. 

- Tsys bull flatteners before 10:49am ET, lg end led rebound. Prop, fast$ buying

in 10Y, 30Y; swap-tied 10Y receiving. 2/30Y, 5/30Y flatteners, dip buys, 2/7Y,

2/10Y flatteners. Euribor ERZ7(Dec17)large buyer before 11:36 am ET:22,000 at

100.325. RP: 2Y, 5Y Tsys tighter. High-grade corp. issuance lighter. TSYS 3PM

ET: 2Y 1.330%, 3Y 1.484%, 5Y 1.782%, 7Y 2.040%, 10Y 2.227%, 30Y 2.810%.