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Treasuries hold a tight range into the......>

US TSYS
US TSYS: Treasuries hold a tight range into the month-end, quarter-end and
Japanese half-year end. Thirty-year bond is outperforming amid 5/30Y, 2/10Y and
2/30Y curve flatteners done today.
- Tsys began mildly lower, saw dip buying after tame core August PCE price
inflation data, then had a selloff on WSJ/Wash. Post stories saying Pres. Trump
met with former Fed Gov. Kevin Warsh about a potential Fed Chair post. But some
bought the dips as US officials said process still being done to chose a Fed
Chair, and Fed Chair Yellen and two others also candidates. Tsys also hit too
amid firmer MNI Chicago report. 
- Now traders awaited to see if any sellers need to get things done around 3pm
ET, when often is a late burst of buyers for the month-end. It does seem like
the sellers got their stuff done out of Asia earlier this week. Still, inquiring
minds will be watching that price action. It is not believed that there will be
structural sellers who need to keep selling, but just in case, they'll be
watching today's 3pm ET action. Also the Tsys have stabilized, cash 10Y yield is
at 2.319%, vs. 2.326% 200-day moving average. 

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