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Treasuries ended Thursday higher,......>

US TSY/RECAP
US TSY/RECAP: Treasuries ended Thursday higher, flatter amid afternoon
safe-haven buying on Iran, N.Korea worries, post-auction relief buying on strong
$12B 30Y reopening. Tsys bid as Pres. Trump will announce Fri 12:45pm ET on Iran
plan, and that USGSG could not confirm if N.Korea earthquake was manmade or not.
FX-tied buys as USD ebbed vs JPY. 
- Solid 30Y auction stopped thru to 2.870%, 2.750% coupon, strong 62.8%
indirects, 10.6% directs, left only 26.6% dealers. Afternoon mild 2/30Y, 3/30Y
flatteners, short-covering and post-auction dip buys. Some had felt buyers would
wait for Fri CPI. 
- Morning pre-auction shorts/sales into 30Y sale, Asian buying in 2Y, 5Y in
early NY; 2way 30Y hedge fund flows, other mixed flows in shorter issues. -
Brief early sales on high 0.4% Sept. Core PPI, lower initial weekly jobless
claims. Tsys saw 3:21am ET block buy in 10Y Tsy futures, for 4,364 TYZ7s. And
11:16 am ET a $163,200 DV01 8/9/10Y swap butterfly with paper paying belly.
- T-Notes open Asia flat at 125-12+, 10-Year yield flat-last at 2.318

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