Treasuries gained Mon amid buying...>

US TSYS SUMMARY: Treasuries gained Mon amid buying as stocks ebbed as Bloomberg

said House may have corporate tax cuts phased in over 5 yrs. Long end aided late

as Tsy Sec Mnuchin said Ultra long bonds did not draw much demand. 

- FX-tied buying in Tsys amid weaker US$/yen. Tsys had real$ and US/foreign

buyers in morning; 5-yr notes seen alluring when hit 2.0% yield mark. US govt

bonds had technical buyers as US 10-year note moved away from 2.40%. 

- Tsys aided as German Bunds rose on lower 1.5% pan-German flash HICP and big

Bund futrs block buys: 5,689 RXZ6 at 162.51 at 13:14 GMT; 5,074 RXZ7 at 162.61

at 13:14 GMT too. Tsy futrs block buy at 8:45am ET of 5,000 TYZ 10Y at 124-28,

buy-thru; Tsy futrs block sale at 8:24am ET: 8,000 FVZ 5Y at 117-04.25

sell-thru; also block buy of 4,565 TYZ 124-28 buy thru at 6:31am ET.

- Eurodlr futures had 6:49am ET block buy of 10,000 EDH8/EDZ8 at 0.280, also

bought on screen; 10:39am ET Eurdlr futures sale of 5,000 EDM8/EDH9 strip. 

- Light month-end bid; decent options-tied buys. Heavy high-grade US corporate

bond issuance Mon. TSYS 3PM ET: 2Y 1.580%; 3Y 1.701%; 5Y 1.998%; 7Y 2.219%; 10Y

2.372%; 30Y 2.882%