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*** Tsys also saw mild technical.......>

US TSY FLOWS: *** Tsys also saw mild technical sales as the cash 10-year note
and Tsy 10Y futures both rejected -- for now at least -- the upside pivot
levels. Tsy 10Y futures had to break above 125-28/32 upside pivot and 126-00
confirm level to get an upside move really going. However it hit 125-30 and then
pooped out, now at 125-26, said traders. "There was that large seller of TY,
which forced the market lower," said one trader. (As noted earlier about 90,000
TY 10Y futures contracts got sold from 125-28 down to 125-24/32 in a five minute
period prior to 11:23am Et).
- The cash 10-year note meanwhile had to break above 100-00, but it could only
achieve the session high of 100-01+ at 9:44am ET, subsequently drifting down to
session low price of 99-29/32 am ET at 11:36 am Et before dip buyers showed up,
said a trader.

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