Tsy futures trading weaker, low end....>

US TSY FLOWS: Tsy futures trading weaker, low end late overnight range. USD

resumes rebound, equities firmer (emini +4.0, 2489.75), gold weaker (-4.23,

1323.23), oil near steady (+0.03, 48.10).

- Asia, opened steady to Mon's closing lvls, held narrow range amid moderate

two-way flow from asset managers, banks and credit funds, Asian central bank

sales in 5s, foreign central bank two-way in 10s. UN Security Council vote to

increase sanctions on N Korea.

- London, Tsys steady decline through London hours, sporadic buying, profit

taking in 5s and 10s, end users bought intermediates, corp and auction tied

hedging, misc acct sales long end. EGBS pressured by Dutch ten year note

issuance, 30-year German linker issuance and by stronger UK inflation data UK

Parliament passed the Brexit legislation.

- Swaps, spds running mixed, wings wider, rebound from Mon's narrowing. Two-way

flow in 3s, 3s4s steepener. Overnight repo saw three year notes, five year notes

and ten year notes all remain tighter. 

- Eurodollars, weaker across the strip, moderate volume