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*** Tsys trade steady/mixed, near...>

US TSYS SUMMARY
US TSYS SUMMARY: *** Tsys trade steady/mixed, near middle overnight range on
decent volume (TYM>525k), long end underperforming. Fed speakers quiet after Fed
chair Powell's inaugural Mon/Pol testimony, data calendar limited, U-Mich
sentiment 99.3 est. 
- US$ index weaker after Pres Trump tweeted trade wars are good and easy to win
(DXY -.339, 89.984); equities adding to Thu's sell-off (emini-11.25, 2667.0);
gold firmer (XAU +5.89, 1322.82); West Texas crude softer (WTI -.32, 60.67).
- Asia, Tsys edged higher after a weaker open, selling off again into London
cross. real$ selling 5s and 10s.
- London, mixed two-way flow, selling off early amid carry-over real$ selling
out curve, mixed Block posts, sellers in 5s, buying 10s.
- Swaps, spds tighter across curve, sources reported paying in 5s, real$
receiving 7s, bank receiving out the curve.
- Eurodollar futures, front end well bed again (appr 60k EDH8 bought from
97.937-97.952) post 3M LIBOR set +0.0007 to 2.0252% (+0.0690/wk), pace of rise
continues to ebb, lVls steady to mildly lower out the strip. 

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