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Treasuries ended Friday higher amid....>

US TSY/RECAP
US TSY/RECAP: Treasuries ended Friday higher amid buying on less than expected
2.6% 2Q GDP, black box buys then safe-haven bid as N.Korea reportedly launched
an ICBM missile into sea near Japan. Mkt saw light profit-taking but on edge
amid Japan/N.Korea news. 
- Tsys began NY weaker then gained after GDP, and as black boxes did FX-tied
buying on weaker US$/yen, then light profit-taking as US$ rose. But market
overall had quiet in summer Friday. - However Tsys again saw FX-tied buying by
black boxes as US dollar declined on N.Korea missile news and saw safe-haven
buying. 
- Tsy 10Y futures had 8:17am ET block buy of 5,000 TYU7 at 125-20; later Tsy
call buy of 5,000 TYU7 126.75 calls at '13 11:32am ET. Eurodlr Dec8 futures
bought at 98.24 for 9,000 contracts nr 9:04am ET. No high-grade corp bond
issuance. Tsys 2Y,5Y tight RP. Fannie Mae priced $3B 3Y bnchmrk note: T+8.5bp
- Rates on T-Bills fell with the 3-/6-Month spread steepening as fears over the
debt ceiling faded.
- T-Notes open Asia at 125.29+, 10-Year yield last 2.289%.

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