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Tsys just off session lows into.....>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys just off session lows into the bell, light volume (TYU
750k), curves mixed; headline earlier, "Treasuries Edge Lower as IG Issuance
Slate Builds for Second Day -BFW", highlights yesterdays IG pipeline which is
expected to reach $20-$25bn throughout the week;
-West Texas Crude pared nearly all of todays gains after headlines out of
Venezuela, "*VENEZUELA OIL PRODUCTION AVG. STANDS AT 1.5M BPD: MIN"-BN,
"*VENEZUELA WILL CONTINUE TO FULFILL ITS OPEP QUOTA: QUEVEDO"-BN, (WTI +0.05,
69.06, 69.83H/68.81L). Later headlines slowed the downtick, "*EIA CUTS 2018 U.S.
CRUDE-OUTPUT EST. TO 10.68M B/D VS 10.79M"-BFW, "*EIA CUTS 2019 U.S.
CRUDE-OUTPUT EST. TO 11.7M B/D VS 11.8M"-BFW; VIX dropped below 11 this morning
hitting its lowest level since January, currently (-0.31, 10.96, 11.24H/10.52L);
-US$ pared losses this afternoon but remains weaker, DXY -.142 to 95.216,
US$/Yen bounced off session lows (JPY +0.01, 111.41, 111.48H/110.99L); 
-Equities higher (emini +10.00, 2,860.00); gold stronger but has fallen off
highs (XAU +2.63, 1210.14); Tsy cash/ylds: 2Y 99-29 (2.670%), 5Y 99-18.75
(2.838%), 10Y 99-05 (2.973%), 30Y 100-02 (3.121%).

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