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Treasuries have recovered...........>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries have recovered slightly from Friday's late rout, but
have traded largely sideways as markets digest geopolitical tensions and ahead
of a fairly brisk schedule of Fed speakers this week.
- The Dec 18 T-Note future is down 2/32 at 118-90, trading slightly off day's
highs (range of 118-50 to 118-105).
- The Treasury cash curve is trading mixed, with the belly outperforming: the
2-Yr yield down 1.2bps at 2.8405%, 5-Yr down 1.7bps at 2.9978%, 10-Yr down
1.3bps at 3.1482%, and 30-Yr down 0.5bps at 3.3295%.
- Eurodollars are trading a little weaker but generally flat.
- Equity futures are trading weaker (S&P 500 Dec18 mini down 13 points), with
the dollar broadly down as well (DXY down 0.25% at 94.98).
- Focus today will fall on U.S. retail sales data, which provides the highlight
of the U.S. economic data releases this week.
- Elsewhere the minutes from the latest FOMC MonPol decision are due Wednesday,
with Fedspeak from Daly, Brainard, Bullard, Quarles, Bostic & Kaplan also due
over the next 5 days.

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