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Tsys ground lower early Tue,........>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys ground lower early Tue, partially weighed by unexpectedly
high corp issuance hedging ($10B AB/INBEV 5-tranche) amid thin market conditions
(TYM<935k) w/accts sidelined ahead Wed FOMC, as well as bounce in US$.
- US$ index higher (DXY +.613, 90.378); equities near steady (emini 0.0 at
2722.75 while Facebook remains pressured on data sharing scandal); gold weaker
(XAU -6.55, 1310.30); West Texas crude higher (WTI +1.34, 63.40).
- Heavier Eurodollar put buying, covering mid-2019 sector as underlying
continues to adjust for higher rates.
- Late ylds: 2Y 2.334%, 3Y 2.481%, 5Y 2.686%, 7Y 2.817%, 10Y 2.885%, 30Y 3.118%

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