Tsy trading sharply lower near......>

US TSYS SUMMARY: Tsy trading sharply lower near the bottom of a large range;

strong volume (TYH 1.98M); Curves flatter. Data today came in higher than

expected including Nonfarm Payrolls, Hourly earnings, and Unemployment rate

which brought Tsy to new session lows.  

-Fed Chair Jerome Powell spoke with formers Yellen and Bernanke at the AEM.

Powell stated, "With the muted inflation readings that have been coming in, we

will be patient and see how the economy evolves". Powell also stated, "MARKETS

EXPRESSING CONCERNS OVER GLOBAL GROWTH, TRADE". Tsy fell to new session lows

during the comments.

-Trump spoke late in the session with a focus on the wall "*TRUMP SAYS

GOVERNMENT WON'T REOPEN UNTIL BORDER ISSUE SOLVED-bbg"

-Other notable speakers today include Feds Mester and Larry Kudlow

-Equities higher (emini +85.25, 2533.00); WTI up despite paring most gains on

EIA data (WTI +1.04, 48.13), DXY lower (-.104, 96.201); $/Eur +0.0003 at 1.1397,

$/Yen +0.81 108.48; Gold (XAU -9.66, 1284.66) -Tsy cash/ylds: 2Y 100-0.25

(2.494%), 5Y 100-19.75 (2.491%), 10Y 103-31.5 (2.661%), 30Y 107-28.5 (2.973%).