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Tsys mixed on average volume by.....>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys mixed on average volume by the bell (TYU>1.1M, inflated by
decent Sep/Dec rolling), curves continue to grind flatter w/long end
outperforming. 
-  US$ index climbing, DXY +.544 to 95.690; US$/Yen +.73 to 111.28, US$/Euro
-.0060, 1.1536; equities little weaker (emini -1.0, 2860.25); gold weaker (XAU
-10.97, 1184.86); West Texas crude near steady after strong Wed gains (WTI
-0.06, 67.80). 
- Little react to data today, focus on Fed Chair Powell at Jackson Hole
eco-symposium Friday morning (speech embargoed 1000ET) while headlines from
sidelines may create some vol at symposium mixer later tonight. Listening
closely for news on timing and/or pace of balance sheet run-off. Otherwise,
headline watching for political tail risk continues.
- Generally light 2-way positioning flow, option-tied flow ahead Sep Tsy expiry
Fri, spec selling short end post data, some light profit taking 2s10s
flatteners. Tsy cash/ylds: 2Y 100-01 (2.604%), 5Y 100-05.5 (2.711%), 10Y
100-15.5 (2.817%), 30Y 100-17.5 (2.971%).

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