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Treasuries prices open NY firmer,...>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries prices open NY firmer, 2/10Y and 5/30Y curves
flatter after overnight range then gains starting about 3am ET. There are no
major morning data nor Fed speakers today. 
- TOKYO: Tsys saw some mild risk off buying as US and South Korea began 10 days
of military drills; N.Korea not happy but so far, only saber-rattling talk.
Asian banks bought US 10Y notes. Japanese Nikkei stock index ended down 0.4%
amid firmer Japanese yen; gold also rose. 
- LONDON: London saw EGBS improve aiding Tsys. End users did receiving in 2-year
US swaps, while banks meanwhile did long end receiving in 10Y, 30Y swaps.
European stock indices now traded narrowly mixed. WSJ said ECB Draghi could
unveil QE taper at Jackson Hole conf Fri; that conflicts with prior reports that
said he would not unveil new policy changes at that time. US Pres. Trump tonight
at 9pm ET unveil military strategy on Afghanistan. Traders await more news on an
incident today in Marseille, France where van hit on purpose 2 bus stops. 
- US SWAPS: Mostly steady, short end tighter. O/N RP: TSY 2Y, 5Y tight.
- US HIGH-GRADE CORPORATE BONDS: Nothing firmly set yet for Monday.

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