Treasuries prices open NY higher,...>

US TSYS SUMMARY: Treasuries prices open NY higher, flatter Thurs, last day

before week's  key Fri 8:30am ET US Sept nonfarm payroll employment report. MNI

economist poll has median forecasts of 70,000 for Sept jobs, 4.4% jobless rate,

0.3% Avg Hrly Earnings Gain and 34.4 avg workweek. 

- TOKYO: Action fairly quiet as China, S.Korea still on holidays. Tsys flows

proved 2way: FX-tied buying early as US$ weak vs. Japanese yen; real money

buying and Asian banks buying in 10Y notes; prop selling in 2Ys. 

- LONDON: Ongoing bid with early light selling in long end. Recent real$ sales

occurred in the long end, which contained prices. German Bunds recently leaked

lower on interpretation of ECB minutes. Earlier was a  large Italy BTP/German

Bund future spread blocked before 5:04am ET, seemed to be buy BTPs/vs sell

Bunds. 

- US SWAPS: Spreads steady/mixed; fast$ 10Y receiving overnight.

- EURODLR FUTURES: Mostly higher, long end outperforms. 

- O/N REPO: Tsy 3Y and 10Y, old 5Y, old 7Y all tighten. 

- US CORPS/SOVEREIGNS: Nothing firmly scheduled (yet) for today.