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Tsys only mildly weaker across the.....>

US TSY FLOWS
US TSY FLOWS: Tsys only mildly weaker across the curve by Thu's close,
surprising heavy volume (TYZ>1.8M) for such a narrow range -- as equities surged
(SPX +56.0 late; homebuilders, Ford and GM up on week), breaking a 6-day losing
streak the session after trading lower for the year. 
- US$ index mildly higher (DXY +.255), vol index paring week's gains (VIX
-2.80).
- ECB LEAVES MAIN REFINANCING RATE UNCHANGED AT 0.00%
- Little react to day's economic data, focus on Fri's Q3 GDP, 3.3% est.
- So-so $31B 7Y auction is awarded 3.074% rate vs. 3.067% WI (previous $31B 7Y
awarded 3.034%).
- Session flow included deal- and pre-auction hedging, real$ selling 7s, forward
rollers in 5's, rev rollers in 7's. Two-way Tsy option hedging ahead Fri's
November serial expiry.
- Tsy cash/ylds: 2Y 100-00.5 (2.861%), 5Y 99-16.25 (2.980%), 10Y 97-25.5
(3.136%), 30Y 93-14.5 (3.349%).

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