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Treasuries opened NY weaker,........>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries opened NY weaker, mildly flatter after overnight ebb
on risk-on mood, stronger US$/yen.
 - TOKYO: Tsys bid then declined amid firmer US$/yen; Tsys pressured as Asian
stocks rebounded, Jpn's Nikkei +1.5%. Fund selling occurred in 10Ys. Jpn MOF:
$0.9B in foreign bonds sold in wk ended Nov10, vs. -$6.4B pvs wk. PBOC injected
CNY330B into banking system via CNY30BN 63-day reverse RP, CNY140B 14-day RRP
and CNY160B 7-day RRP  to ease financial liquidity amid tax & bond payments. 
- LONDON: Tsys pressured amid firm European equities. Fast$ and real$ sold 5Y,
10Y note; others did 5/30Y flattener. Tsy futures 5/30Y block flattener before
2:43am ET: sale 10K FVZ7 vs. buy of 2,350 USDZ7 done at 153.26; deemed unwind of
last Fri 5/30Y steepener (buy 10K FVZ at 117-03.25/vs. sale 2.35K USZ at
153.00). Earlier Thu: block 4,047 Dec 10Y-Ultra at 133-31, crossed on offer.
EGBs pressure on Spain, French debt supply. 
- US SWAPS: Wider. EURODLR FUTURES: Heavy 50K EDZ7 sale after higher 3m Libor
set. OVERNIGHT REPO: Tsy 5Y tight, Tsy G/C higher at 1.29%. US CORP: Scant
issuance.

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