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Tsys chopping lower, varied causes.......>

US TSYS/7Y
US TSYS/7Y: Tsys chopping lower, varied causes cited as the 1:31pm ET block sale
of 10,000 TYZ 10Y futures, ECB hinting at a short QE taper end option for 2018
(Bloomberg), technical Tsys weakness, and firmer US dollar pressure on Tsys. 
- Also some eyed late "clean-up" post-auction redistribution sales after 7-year
note auction. "Maybe there was extra paper in the auction left over" that
dealers wanted to exit out of, said one trader. "Or maybe it's just a continuum:
we're headed for higher rates," he added.

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