Treasuries have edged higher........>

US TSYS SUMMARY: Treasuries have edged higher overnight but in rangebound

fashion, with a risk-on tone in equities not translating to bonds/rates.

- The 2-Yr yield is unch at 0.1605%, 5-Yr is down 0.5bps at 0.3069%, 10-Yr is

down 0.2bps at 0.6742%, and 30-Yr is down 0.1bps at 1.4219%.

- Sep 10-Yr futures (TY) up 1.5/32 at 139-00 (L: 138-29 / H: 139-02)

- A full-on data slate takes us into the long weekend. Jun nonfarm payrolls (BBG

ests range from -500k to +9mln, MNI Dealer Median = +3.4mln) the obvious

highlight at 0830ET, with plenty of attention to be paid to underlying metrics.

- Also at 1330ET we get initial jobless claims (seen +1.35mln) and May trade.

- Then at 1000ET, May factory orders and final Durable Goods.

- FOMC minutes Wednesday appears to have forced some to reconsider the

likelihood of Yield Curve Control adoption in coming months.

- CME 'floor' (rates/FX/options) closes at 1300ET; SIFMA recommends early cash

close at 1400ET.

- Fed sells 4-/8-week bills, total $45bln, and announces next week's 3-/6-month

bills as well as 3-/10-/30-Yr coupons. No Fed speakers, and no NYFed buys today.