Treasuries ended rangebound.........>

US TSYS SUMMARY: Treasuries ended rangebound Monday mildly higher, awaiting d US

Pres. Trump to chose Fed Chr from 5 candidates. Tsys had muted 2way flows, with

end-user long end buying, less corporate rate-lock hedging pressure vs. last

Friday. Tsys bid amid better technicals: cash 10Y hit 2.397% then moved away

from key 2.40%, spurring buying. US high-grade corporate bonds had active

issuance Mon: Citi 5Y/FRN,10Y; Honeywell 2Y/2Y FRN, Procter & Gamble 2Y,3Y,30Y;

BB&T lg 3Y fxd/FRN,7Y Mon. 

- Mon 3m T-bill auction stopped thru to 1.105%, "highest yielding" 3M bill stop

since July 24th. 

- US swaps mixed; mildly steeper $480M 5Y payer (from 2.097% to 2.0825%), $340M

10Y paper (from 2.345% to 2.34705%) before 11:25 am ET. 

- US Eurodlr futures: mildly higher, early buying: 20,000 bought in Dec'17 at

98.495; EDZ8 W/215k total vol. Fed Funds futures: big sprd buy before 10:27am

ET: 22K FFZ7/FFF8, 0.095. Gold jumped around with 18.5K traded on Comex nr

11:55am ET, then ebbed. TSYS 3PM ET: 2Y 1.586%, 3Y 1.701%, 5Y 2.016%, 7Y 2.223%,

10Y 2.377%, 30Y 2.890%.