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Treasuries open NY weaker after.....>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries open NY weaker after overnight range, then a gradual
ebb lower since 5:36am ET when 10Y yield hit 2.446% session low yld to now,
2.468% 10Y yield; 10Y yield hit 2.472% day's high yld at 7:32am. US House will
take minor US tax bill procedural re-vote Wed; bill then goes to US Pres.
Trump.) US stock futures higher, oil higher too.
- TOKYO: Tsys opened firmer in rebound after Tues sharp selloff, range into UK
open. Credit and macro fund buying/short-covering, while Japanese insurance and
pension fund buying longer Tsys. 
- LONDON: Core EGBs weaker, pressured Tsys/sellers emerged after carryover bid.
Misc acct buying 10s. Large Tsy futures block buy 14,560 FVH 116-04 at 5:21am
ET/10:21 am GMT. Fast$ buying cash 2s, prop acct 5s/30s steepeners. Eurodlr
futures mildly weaker.   
- US DATA: 7am ET MBA Mortg Applications, 10am ET Nov. existing home sales, then
10:30am ET Dec. crude oil stocks ex SPR. 
- OVERNIGHT REPO: Tsy 2Y note tight at 0.73%. 
- US$ HIGH-GRADE CORP BONDS: Nothing.

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