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Tsy futures trading mixed, long end....>

US TSY FLOWS
US TSY FLOWS: Tsy futures trading mixed, long end off lows/bid following recent
EU officials headlines re: formal UK trade talks won't start immediately in
2018. Moderate volume (TYH>275k), relative quiet ahead Nov NFP data (+200k exp).
US$ stronger vs. Yen (113.520), equities firmer (emini +4.25, 2646.5), gold
firmer (XAU +.13, 1247.41), oil firmer (WTI +.87, 57.57).
- Asia, Tsys kicked off with mild early overnight, maintained narrow range into
the London open; light 2-way ahead data, FX-acct selling on stronger US$.
- London, UK payout agreement EU40-45BLN. Flow included early steepeners, end
user sales in intermediates.
- Swaps, spds running mixed, mildly wider in the wings vs. tighter
intermediates, light volume going into weekend, recent 2s6s flattener ($56k
DV01), $100M payer 5s earlier at 2.20987%.
- Eurodollar futures, short end sold on modest volume, extending overnight low
post 3M LIBOR set (+0.0128 to 1.5488% (+0.0542/wk), 98.40 sellers followed by
recent sale at 98.397; recent 9,131 EDU8/EDZ8/EDH9 flys, 0.035. Fly Blocks, +2k
each EDM8/EDH9/EDZ9 at 0.115, EDH8/EDZ8/EDU9 at 0.190.

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