Tsy futures mildly higher now after....>

US TSY FLOWS: Tsy futures mildly higher now after weaker Asia session open, long

end inching to top of narrow range/light volume. Equities firmer (emini +2.0,

2474.0), gold softer (-1258.33, -0.44), crude lower (WTI -0.46, 49.11).

- Asia, light two-way flow on net included Asian credit tied selling in Tsys,

credit funds bought 30s, foreign central bank buying in 10s.

- London, quiet start to week, Tsys had trailed softer/range bound EGBs w/long

end leading at moment. Sources reported light two-way, recent buyers in TYU from

126-01.5 to 126-03.

- Swaps, spreads running mixed, spread curve flatter; sources reported corporate

and asset manager paying in the intermediates.

- Eurodollars, mildly weaker to steady in the short and long end. Mixed LIBOR

sets w/3 Month -0.0004 to 1.3114% (+0.0013 last wk), 6 Month +0.0028 to 1.4522%

(-0.0056 last wk).