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Treasuries have picked up a bid.....>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries have picked up a bid from weak Eurozone PMI data
ahead of a shortened session Thursday.
- Jun 10-Yr futures (TY) up 6.5/32 at 123-20 (L: 122-27 / H: 123-07), hitting
highs earlier (0330/0400ET) as German/Eurozone PMIs missed estimates.
- Curve is flatter: 2-Yr yield is down 1.6bps at 2.3843%, 5-Yr is down 3bps at
2.3726%, 10-Yr is down 3.1bps at 2.5632%, and 30-Yr is down 1.8bps at 2.976%.
- 3M10Y particularly sharp move, down 3.3bps at 12.6bps, low of 11.0bps.
- Decent data flow ahead of the holiday weekend, including US retail sales, with
weekly jobless claims and Philly Fed business outlook.
- Some attention paid to release of Mueller report, with Atty General Barr
hosting a press conference at 0930ET. Full release to Congress btwn 1100-1200ET.
- Earnings due today include American Express, Union Pacific and Philip Morris.
Earlier, Honeywell EPS came in a little above expectations. 
- Fed's Bostic speaks in Florida at 1210ET.

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