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Treasuries ended Tue higher,........>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries ended Tue higher, flatter after gain on
short-covering, fast$ futures buying on weak US car sales. Tsys digested US 0.1%
June core PCE px index, 1.5% yr/yr, flat total PCE px index, unchgd Jun personal
inc, 0.1% nominal PCE. Tsys then rose on weak US car sales: Fiat-Chrysler US car
sales 18,721 July; Ford US car sales 48,259; GM US car sales 45,060, total 8.72M
SAAR. Tsys buying in 10Y futures and Classic Bond futures pulled up cash Tsys. 
- Spec buyers fueled Tsys rally, dragged up EGBs, Gilts. Talk of sell stocks/vs
buy bonds for mo-end. WSJ said "credit card losses flash warning:" big 2Q US
card issuers' avg net chargeoff rate hit 3.29%, most in 4 yrs. 
- Tsy futures had a block sale of 5,088 TYU 10 Futrs at 8:32am ET, 10am ET sale
of 5,000 TYU 10Y Futures at 125-30.5, block 3,000 USU Lg Bond at 153-17, sell
thru 153-19 bid at 10:20am ET post time. Lg end Tsys rose: weak US$, crude oil
drop. Later blocks: 2:10pm ET buy of 3,000 USU at 153-30; 9,000 buy of TYU
126-06 at 1:47 pm. 
- US swaps mixed. TSY 3PM ET: 2Y 1.347%, 3Y 1.489%, 5Y 1.798%, 7Y 2.067%, 10Y
2.251%, 30y 2.851%.

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