Treasuries open NY lower, after.....>

US TSYS SUMMARY: Treasuries open NY lower, after overnight two-way flows

including Asian safe-haven bid amid another N.Korea ICBM missile firing. 

- TOKYO: Tsys gained in early overnight as N. Korea tension spurred light risk

off buys; US flew two jets in Korea area in response to N.Korea missile. Bank

asset mgrs bought 5s and 10s, misc Japanese accts bought 10s, fast$ and bank

portfolios sold near highs. 

- LONDON: Tsys ebbed, German Bund decline on higher than expected German retail

sales, surprise Eurozone core inflation rise. Also selling in Tsy TYU futures,

while real$ and bank portfolio accts did 2-way 10Y flows. Real$ sold long end

Tsys. Bloomberg Barclays US Tsys index 0.06 yrs for month-end advance estimate.

Today is settlement for recent 2y, 5Y, 7Y, 2Y FRN auctions of last week. And

some cited need to sell US stocks mildly/vs. buy bonds mildly into month-end. 

- US SWAPS: Spreads wider, curve flatter, deal-tied hedging. US EURODLR FUTURES:

Mildly lower. 

- HIGH-GRADE CORP. BOND: Mon KT Corp 5Y (+92.5/97.5) via BNP/C/CA/JPM/NOM, Banco

Gnrl 10Y (+200s mid/low), BAML/JPM; Tues: ADB $500M 5Y/10Y.