Treasuries open NY higher after.....>

US TSYS SUMMARY: Treasuries open NY higher after overnight action that included

solid Asian buying. Tsy will sell 

- TOKYO: Tsys saw brisk Asian buying after mixed Wed NY close. Asian banks and

US macro hedge funds bought Tsys while Chinese entities did good buying. Asian

buying seen in 2Y and 5Y notes and real money buying in 30Y Bonds. 

- Japanese govt bonds ended steady. Japanese Nikkei stock index also hit a

record high as PM Abe looks to be heading for big election win.

- LONDON: Tsys still higher too. One 3:21am ET (8:21 BST) apparent block buy in

TY 10Y Tsy future occurred after European open, boosting mkt. Many US$ swap

curve flatteners arose in 3-5Y and one large 5-10Y flattener. And fast$ bought

the CTD into 5Y FYZ7, the Feb. 22 issue. 

- Citigroup 3Q earnings: $1.42/share vs $1.32 estimate; Citi F/I $2.88B rev

matching est (BBG). JPM earned adj $1.75/shr in 3Q, exclud CVA, legl benefit vs

$1.65 est.  

- OVERNIGHT REPO: Tsys 2Y, 3Y, 5Y, 10Y; old 2Y, old 5Y, old 7Y tight. 

- HIGH GRADE CORPORATES: Turkiye Petrol to do 7Y. FHLBanks to do 2Y note.