Tsy futures trading mixed on decent....>

US TSY FLOWS: Tsy futures trading mixed on decent volume (TYZ>330k), near recent

highs w/long end outperforming. ECB panel with Draghi, Yellen, Carney and Kuroda

disappoints on monetary policy information. Equities lower (emini -4.75,

2577.25), gold lower (XAU -3.45, 1274.92), oil lower (WTI -0.24, 56.52). House

Ways/Means panel head Brady said enough votes to pass tax bill Thu

- Asia, Tsys opened steady/weaker, holding narrow/lower range w/long end buying

into London open. Knock-on pressure following strong Australian business

confidence. Asian banks bought 2s and 5s, Asia real$ bought 5s and 10s. China

ten year government bond yield rose over 4.0% for the first time in three years.

- London, carry-over bid w/long end outperforming. Sources reported real$ sold

5s, bank and prop acct buying 30s, flatteners.

- Swaps, spds running mixed, spd curve mildly steeper. Sources reported

scattered receivers, mixed spd curve flow with flatteners reportedly by RV

accts, recent 10s20s steepener.

- Eurodollar futures, steady to mildly weaker; 1M LIBOR jumps +0.0132 to 1.2635%

(+0.0175/wk), 3M +0.0031 to 1.4189% (+0.0060/wk).