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GILT SUMMARY

Budget And Financial Tightening In The Spotlight

CORN TECHS

(K1) Consolidating

SOY TECHS

(K1) Bullish Conditions Remain Intact

Treasuries see some more mild........>

US TSYS/STOCKS
US TSYS/STOCKS: Treasuries see some more mild midday buying in the long end,
with also some accounts exiting prior curve steepeners. MBS meanwhile have
improved.
- Tsys bid too as US stocks are mildly weaker on the day. (S&P 500 is up 19.95%
on the year currently, while Nasdaq is up 28.91% on the year and the DJIA is up
25.59% on the year.)