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Treasuries had been steadily........>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries had been steadily clawing back overnight losses amid
Sino-US concerns, until news came of more positive COVID vaccine results (this
time from Oxford)a little after 0600ET. Equities popped, Tsys off 2-3 ticks.
- Sep 10-Yr futures (TY) down 3.5/32 at 139-10 (L: 139-06 / H: 139-13).
- The 2-Yr yield is down 0.2bps at 0.155%, 5-Yr is down 0.2bps at 0.2881%, 10-Yr
is up 0.7bps at 0.6299%, and 30-Yr is up 1.3bps at 1.3237%.
- In data, we get Jul Empire State Manufacturing at 0830ET alongside Jun import
prices. Jun Industrial Production at 0915ET.
- Philly Fed's Harker is the only FOMC member scheduled to speak today (at
1200ET); NYFed VP Logan speaks at SIFMA at 1330ET. Beige Book out at 1400ET. 
- $55bln in 105-/154-Day bill sales at 1130ET. NYFed buys $3.625Bln of Tsys.

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