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*** Tsy futures have drifted off low...>

US TSY FLOWS
US TSY FLOWS: *** Tsy futures have drifted off low end of range this morning,
one desk pointing to Pres Trump name calling cat fight w/Senator Corker this
morning, potential for tax reform delay/stoppage lending bid to Tsys. emini
gains reversed. Flow includes some prop and fast$ buying in 10s and 30s,
insurance portfolio buying 30s. Deal-tied and pre-auction short setting added to
earlier pressure. FX tie-in, US$ strength vs. Yen receding slightly adding to
bounce. Current futures levels:
* Dec Ultra bonds down 27/32 at 163-13 (163-01L/164-17H)
* Dec 30-yr Bond futures down 19/32 at 151-24 (151-15L/152-17H)
* Dec 10-yr futures down 6.5/32 at 124-23 (124-21L/125-00.5H)
* Dec 5-yr futures down 3/32 at 117-02.75 (117-01.75L/117-07.25H)
* Dec 2-yr futures down .75/32 at 107-22 (107-21.75L/107-23H)

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