Treasuries have largely.............>

US TSYS SUMMARY: Treasuries have largely maintained Tuesday's late rally

triggered by adverse news for President Trump, while markets continue to look

ahead to FOMC minutes out today and Jackson Hole later in the week.

- The short end is underperforming a flattening curve, with 2-Yr yields up

0.4bps at 2.599% and 10-Yrs down 0.5bps at 2.824%.

- 2s10s hit a new cycle low at around 1100BST/0600EST at 21.88bps based on

Bloomberg data, last trading slightly higher. 

- Saw a large US 10-Yr note future block on screens at 1006BST/0506EST: 15.9k

Sep future at 120-19+. The contract traded up at 120-20+ shortly thereafter, but

is back at 120-19.

- Bit of a rally in Eurodollar futures contracts, with most of the strip up

between 1.5-2.5 ticks, though the short end remains anchored.

- Fairly thin data calendar today (existing home sales at 1000EST/1400GMT the

highlight). Later, at 1400EST/1800GMT, markets will get the Fed's minutes from

the July 31st- August 1st FOMC meeting, set to be the highlight of the day.