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Treasuries prices held near session......>

US TSYS/2Y
US TSYS/2Y: Treasuries prices held near session high prices after a fairly
strong $26B 2Y auction, which drew a 1.765% rate and strong 60.5% indirects (vs.
Oct 48.2%, Sept. 44.2%), but rather soft 3.92% directs (vs Oct 14.2%, Sept
19.04%, leaving an in-range/average 35.6% for dealers to mop up (vs. Oct 37.7%,
Sept 36.8%.)
- The bid/cover was 2.73 vs. 2.74 pvs.
- The market had crept higher amid a TBS news report that Japan had on Monday
picked up signals of a missile launch preparation by North Korea, said traders.
US stocks indexes meanwhile are mainly softer.

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