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Tsys trade mixed, mildly steeper....>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys trade mixed, mildly steeper curves rotate around steady
intermediates, light futures volume (TYU<280k) following quiet overnight trade.
Data includes Philly & Richmond Fed index' Case Shiller home price, Conf Brd
conf; Atl Fed Pres Bostic, Dallas Fed Pres Kaplan field qn's; $34B 2Y note
auction. US$ index mildly higher (DXY +.189 to 94.478; US$/Yen +0.12 to 109.63);
equities lower, adding to Mon's steep sell-off (emini -5.25, 2717.0); gold
weaker (XAU -9.00, 1256.61); West Texas crude little firmer (WTI +0.21, 68.29).
- Asia, very quiet start for Tsys, narrow range on light 2-way, early risk-off
unwind after WH Trade adviser Navarro said "no plans to impose investment
restrictions", US Pres Trump not singling out China. 
- London, continued sideway trade on light volume, real$ selling long end, Tsy
curves mildly steeper as a result. Desks watching mildly wider sovereign spds
(Italy/Bund 10Y +9.0), alert to trade related headlines.
- Swaps, spds running steady/mildly tighter on light bank portfolio receiving in
intermediates. Tsy cash/ylds: 2Y 99-30.25 (2.525%), 5Y 100-01 (2.741%), 10Y
100-00 (2.875%), 30Y 101-29 (3.027%).

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