Treasuries ended Friday broadly.....>

US TSYS SUMMARY: Treasuries ended Friday broadly lower, pressured cross-market

by selling in EGBs going on Wed-Thurs. Traders cited talk of Mideastern selling

in various assets, which arose since Sunday S.Arabian crackdown on alleged

corrupt officials that startled the kingdom. Traders cited unease on Lebanon and

Iran as Saudi move changed power balance.

- US rates again tied to weaker Bunds/Gilts f2nd day. Talk of Mideast seller

across assets with asset shuffling hitting rates, equities, metals, oil

resilient. Traders also cited other foreign sellers in Tsys and "broad" selling

by US accts. Tsys had flattener unwinds, program acct and technical sales in

intermeds, carryover sales lg end from bank, insurers, real$ and prop acct

buying 10s and 30s late morning. Light Dec/Mar Tsy futrs roll volume. 

- Tsys flows quieted after UK close. UK Gilts slid; German Bunds had large

futures-led sales. Global stocks weighed: US Sen tax bill might delay 20% corp

tax rate until 2019. 

Tsy futures had 5,000 block crossed on bid at 124-22.5. TSYS 3PM ET: 2Y 1.658%;

3Y 1.788%; 5Y 2.053%; 7Y 2.260%; 10Y 2.397%, 30Y 2.877%