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*** Treasuries quietly hold tight......>

US TSY FLOWS
US TSY FLOWS: *** Treasuries quietly hold tight range just below the session
highs, 10Y note 2.298% after mild profit-taking on midday/late morning buying
after N.Korea reportedly sent out a missile that landed in Japanese area, said
traders.
- Tsys began higher after less than expected 2.6% 2Q GDP, and black
boxes did FX-tied buying on the weaker US$/yen, then saw light profit-
taking as the dollar rose a bit. But market overall had a consolidative
mood as the summer Friday action rolled on.
- However Tsys once again saw FX-tied buying by black boxes as US dollar
declined on N.Korea missile news, and also saw safe-haven buying too.

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