Treasuries prices open NY weaker,...>

US TSYS SUMMARY: Treasuries prices open NY weaker, intermediates (5Y, 7Y)

underperforming, while wings 2Y, 30Y off more mildly in price. 

- TOKYO: Tsys began steady/mildly mixed, holding narrow range through London

crossover, quiet as market players eyed China Pres. Xi Jinping's three-hour-plus

speech at China Communist Party leaders conference. Shanghai stock index -0.3%,

while Japan's Nikkei +0.10%. Singapore out on holiday. 

- LONDON: Tsys saw more selling in intermediates and 10Y cash notes, with

weakness speeding up 3:32am ET in 10Y note at 99-16/32 (2.307%) to 2.336%

session high yld hit 5:56am ET. Tsys pressured by carryover sales from weaker

EGBs amid setup for 30Y German Bund sale. Varied accts sold 5Y, 7Y, vs bought

30Y cash. US$ gains spurred FX-tied sales. And 7:52am ET apparent block buy

inTsy 10Y futures: 5,000 TYZ at 125-04.5 cross on offer post time; previous TYZ

sales from 125-04.5 to 125-05.5. US swaps saw light 2way, fast$ rate receiving

in 2Y, 5Ys. 

- US CORPS: Wed RBC 3Y Fixed/FRN, Ecuador 144a/RegS 10Y, Banco do Brasil lg 7Y. 

- US OVERNIGHT REPO: Tsy 2Y, old 2Y, old 5Y, old 7Y tight in RP.