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Treasuries open NY mixed: front.....>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries open NY mixed: front end flat and long end mildly
weaker, 5/30Y curve mildly steeper after overnight consolidation range. Tsy
today has very busy auction schedule: 11:30am ET US$26B 2Y auction and 1pm ET
$34B 5Y auction, plus usual bill sales. 
- TOKYO: Treasuries followed Fri US gain with mild weakness, recovering a bit
into UK cross. Foreign central bank buying arose in 2Y, 3Y notes. BOJ Kuroda had
interview w/ BBG at Jackson Hole, said BOJ will have "extremely accommodative
monetary policy..for some time; said current 4% Jpn growth "is excellent" but
not sustainable; "around 2% growth is likely." 
- LONDON: Bonds quiet with UK bank holiday, thus consolidation; neither ECB
Draghi nor Fed Chr Yellen surprised as Jackson Hole speeches avoided
econ/policy. Macro fund selling arose in 5Y Tsys, with pre-auction shorts into
2Y,5Y auctions. Tropical Storm Harvey pushed NYMEX oil prices down but gas
prices up. Gold up. European stocks declined mildly; US stock futures up a bit. 
- US SWAPS: Mostly wider, limited overnight flow: macro 10Y fund paying. No
LIBOR sets due to UK bank holiday Monday.

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