Tsy futures currently trading..........>

US TSY FLOWS: Tsy futures currently trading weaker, just off recent lows after

holding narrow range most of overnight; Tsys appear to be trailing Gilts over

last hour. Equities weaker (emini, -3.5, 2464.0), gold firmer (+1.11, 1284.38),

oil weaker (WTI -0.14, 46.63).

- Asia, mild two-way kicked things off, early bid in the intermediates met by

misc acct selling, position squaring on light volume, EMA/Asian real$

selling/taking profits in the belly. Japan's Nikkei stock index closed down 0.1%

while Hong Kong Hang Seng index ended down by 0.25%.

- London, misc acct buying 3s and selling in 5s, modest 2-way from leveraged

accts in 5s, foreign central banks and real$ in the intermediates kept prices in

range earlier. Recent downtick amid FX acct sales on mild USD bounce.

- Swaps, spds running steady to mildly wider out the curve, narrow range on

light volume , receivers in 3s.

- Overnight repo, 2- and 5Y notes remain tight.

- Eurodollar, steady to mildly lower out the strip on light volume. Latest LIBOR

sets' had 3M -0.0003 to 1.3164% (+0.0014/wk).