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Tsys marginally mixed, low end......>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys marginally mixed, low end narrow range, modest futures
volume (TYU appr 265k) ahead Q2 GDP (adv) (4.4% est). Ongoing spec'n of bigly
number w/Pres Trump sporadically tweeting about it since Sunday. Otherwise mkts
settling in ahead next wk's policy annc from Fed, BoE, BoJ; July NFP next Fri.
-  US$ index mildly higher DXY +0.070 to 94.855; US$/Yen softer, -.05 to 111.18
(111.25H/110.92L); equities little firmer (emini +1.5, 2844.0); gold weak (XAU
-2.64, 1220.0); West Texas crude softer (WTI -0.1, 69.51).
- Asia, steady open for Tsys, receded amid light two-way. Little react after BOJ
offers to buy an unlimited amount of 10-Year JGBs at 0.10%, second op'n/wk. Tsys
climbed back to steady into London crossover.
- London, continued light two-way trade on light volume, not unexpected ahead
wknd and next wk's policy events. Swap spds running mixed, wings mildly wider
vs. tighter intermediates. Decent flow last couple hours includes $300M payer 1s
(2.6689%), receiver 2s (2.8775%), 2s10s and 5s7s flatteners, 2s3s steepener,
2s5s7s fly/receiving belly. Tsy cash/ylds: 2Y 99-28.25 (2.682%), 5Y 99-15.75
(2.858%), 10Y 99-03.5 (2.978%), 30Y 100-14.5 (3.101%).

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