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Tsys reversed early losses, yld.....>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys reversed early losses, yld curves flatten, 3s5s invert.
Rates opened weaker amid strong risk-on tone following Trump/Xi dinner and a
tweet overnight (US handshake agreement to delay slapping China w/tariff
increase for 90 days; equities surged, autos benefitted after Trump tweeted
China will reduce/remove US auto tariffs). 
- Bear flattening flipped to bull flattening (2s30s -6.025/44.130; 5s30s
-4.243/43.343). Tsy futures rebounded as equities pared strong gains.
Decent/heavy selling in short end after LIBOR sets (1M +0.0320 to 2.3789%; 3M
+0.0152 to 2.7513%).  
- Number of data items originally scheduled for Wed, rescheduled due to Wed's
national day of mourning on observance of Pres Bush passing away last Fri. ISM,
US Productivity, now ADP all moved to Thu. Beige Book will still be released Wed
at 1400ET.
- Fed chair Powell testimony to JEC rescheduled, but time still NOT annc'd --
Fed blackout begins Fri at midnight. Tsy cash/ylds: 2Y 99-27 (2.831%), 5Y
100-05.25 (2.838%), 10Y 101-05 (2.988%), 30Y 101-29 (3.274%).

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