Treasuries ended off day's lows.....>

US TSYS SUMMARY: Treasuries ended off day's lows Mon after late month-end buying

in Tsy futures: buying in TYU 10Y futures from 125-28.5 to 29.5 and also FVU 5Y

futures and UXU Ultra bond futures blocks. Tsys saw earlier muted 2way flow,

mild curve steepening, - Treasuries began NY lower after overnight 2way flow

including Asian safe-haven bid amid another N.Korea ICBM missile firing, then

decline with German Bunds on higher German retail sales, and a surprise Eurozone

core inflation rise. Tsy had a 10Y Ultra futures block done via screens at

5:35am ET: 2,441 UXYU7 at 135.01. 

- Tsys had mild early corporate rate-locks hedges on heavy US$ high-grade bonds

issuance. Bonds reacted little to lower 58.9 July MNI Chicago Business Barometer

tho light buying by fast$ in 10s, real$ in 30s pulled futures off low. Tsys dip

buying on EGBs month-end buying: Bloomberg Barclays Pan-Euro Agg Tsys index had

large 0.12 yrs advance estimated extension, 0.06yr US Tsys index. 

- Mild Tsy steepeners. Tsy 5Y tight in O/N RP. 

- US swaps end mixed, 2way deal-tied flow. TSYS 3pm ET: 2Y 1.347%, 3Y 1.500%, 5Y

1.832%, 7Y 2.106%, 10Y 2.291%, 30Y 2.898%