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Treasuries have drifted lower in....>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries have drifted lower in Asia-Pac/European trading,
with the initial risk-off jolt from an Italian snap election call and US-China
trade noise beginning to wear off early Friday.
- Mild curve flattening, with the 2-Yr yield down 2.1bps at 1.598%, 5-Yr down
2.5bps at 1.5205%, 10-Yr down 2.6bps at 1.6915%, and 30-Yr down 0.8bps at
2.2164% (post-weak auction Thursday).
- Sep 10-Yr futures (TY) up 4.5/32 at 130-2 (L: 129-29 / H: 130-08.5)
- ED futs trading mixed; 1-1.5 ticks higher in Whites.
- Stocks softer after Thursday's rally; Emini futs down -0.62%.
- Data today is light, with PPI at 0830ET. No Fed speakers scheduled.

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