Treasuries opened NY weaker after...>

US TSYS SUMMARY: Treasuries opened NY weaker after muted overnight 2way trading

flows. Tsys lifted off the overnight lows starting about 6:30am ET when 10Y note

was at 99-03+ price, 2.352% session high yield.

- TOKYO: Tsys reopened after Thu US Thanksgiving holiday. Foreign central banks

sold Tsys 5Y note, commercial banks sold 5Y, 10Ys. That could be selling to

clear the decks to buy the new 5Y note auction next Mon; both 2Y, 5Y auctions

occur Mon, 7Y Wed. Jpn MOF: Jpn investors bought net Y231.3B in foreign bonds

and net Y330.9B in foreign equites and Y8.9B in foreign money mkt instruments.

Chinese stocks stabilized Fri after Thu selloff. 

- LONDON: Tsys and EGBS pressured as German IFO hit a record high and Germany's

SPD party said willing to hold talks with PM Merkel. European stocks mainly

higher, except UK. Bloomberg said Russia, OPEC eyed a deal to extend production

cuts. Next Thu is OPEC production meeting in Vienna. 

- US SWAPS: Mostly wider, except 5Y (tigther); thin flows. 

- US$ LIBOR: 1m (1.3376%), 3m (1.4676%), 6m (1.6539%) all higher; 

- US CORPS: No issuance Friday; will be heavy next week though.