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Treasuries open Friday NY weaker,....>

US TSYS/STOCKS
US TSYS/STOCKS: Treasuries open Friday NY weaker, steeper as the market action
wanes into the weekend, and into next week's Thanksgiving holiday-shortened
action. 
- TOKYO: Tsys began weaker after hit new lows late NY, then improved on
short-covering. Tsys aided by weaker US$/yen with position-squaring into wknd.
Japan's Nikkei stk index ended +0.2%. 
- LONDON: Narrow Tsys range, long end pressured; German Bunds improve starting
7:30am ET after sleepy overnight. Credit-tied hedge sales in Tsys; regional
banks did two-way flows. 
- US SWAPS: Mildly tighter in short end, wider long end. 10Y spd nr
dis-inverting, first time since 2015. Light 2way flow in 2Y, 5Y. 
- EURODLR FUTURES: Steady/ weaker; EDZ7 selling after higher 3m LIBOR set. 
- US CORPORATE BONDS: Scant issuance Fri other than maybe quick drive-by bond.
US high-grade and junk CDXs improve a bit after choppy weak. WSJ cited BA/ML
saying junk bond fund outflow in wk end Nov15 hit $6.7B,  3rd-highest number on
record. US STOCKS: US futures mixed; OVERNIGHT RP: Tsy 5Y, 10Y tighter

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