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Tsy trading moderately higher.......>

US TSYS SUMMARY
US TSYS SUMMARY: Tsy trading moderately higher into the bell, in the middle of
the range with strong volume (TYZ 1.51M), curves mixed. Data today led by PPI
which came in stronger than expected at 0.6% vs 0.3% exp. U of Michigan
Sentiment followed coming in stronger than expected at 98.3 vs 98.0 exp.
-Headline out this morning, "*PBOC SAYS ECONOMY IS UNDER INCREASING DOWNWARD
PRESSURE"-bbg
-Pompeo spoke today on China saying, "*POMPEO SAYS HE WAS `FORTHRIGHT' ON
DIFFERENCES WITH CHINA"-bbg and "*POMPEO: U.S. NOT PURSUING COLD WAR,
CONTAINMENT POLICY ON CHINA"-bbg
-US$ near 1-year highs DXY +.181, 96.905 (96.623L/97.011H), 
-$/Eur lower -0.0028 at 1.1335, $/Yen down -.29 113.78; equities lower (emini
-30.00, 27788.75 vs. 2811.25H); Gold fell (XAU -14.48, 1209.47); Oil down (WTI
-0.39, 60.28). 
-Tsy cash/ylds: 2Y 99-28.5 (2.930%), 5Y 99-7.25 (3.042%), 10Y 99-14.5 (3.187%),
30Y 99-21.5 (3.392%).

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