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Tsys mildly weaker by the bell,.....>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys mildly weaker by the bell, near mid-range on light summer
volume (TYU<875k). Rates pared losses late on rather boilerplate comments by Fed
Chair Powell on Marketplace news, the day ahead of semi-annual Mon/Pol report
release Friday (testimony July 17), inflation "symmetrically" around 2%, economy
in good place while "sustained" high tariffs are negative for economy.
Trump/NATO summit headlines not market moving, Trump affirms commitment to NATO
while casting verbal barbs at Germany, Brussels. 
- US$ index mildly higher/off highs DXY +0.066 to 94.785; US$/Yen higher +.49
112.50 (112.63H/111.92L); equities strong (emini +24.0, 2798.0); gold firmer
(XAU +4.40 1246.27); West Texas crude mi;d;y weaker (WTI -.17, 70.20).
- Little react to data: CPI (0.1% vs. 0.2% est), weekly claims (226k expected);
Fed speakers Harker (1215ET) and Kashkari (2000ET), elicited little react as
well. Final leg Tsy supply w/$14B 30Y bond auction awarded 2.958% rate (3.100%
previous) tails vs. 2.953% WI.
- Tsy cash/ylds: 2Y 99-26.2 (2.590%), 5Y 99-12.75 (2.754%), 10Y 100-06 (2.851%),
30Y 103-13.5 (2.951%).

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