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Tsys trades steady to weaker out the...>

US TSY FLOWS
US TSY FLOWS: Tsys trades steady to weaker out the curve, near low end modest
range. Decent volume even considering Sep/Dec roll volume ahead Fri's first
notice, expect heavy volume w/% complete still below 50%.
- US$ index soft but off lows DXY -.097, 94.682, $/Eur firm +0.0019 1.1697,
$/Yen +.02 111.10; equities firm (emini +3.25, 2901.75); Gold firm (XAU +0.92,
1212.29); West Texas crude mildly higher (WTI +0.06, 68.93). 
- Data picks up today w/inventory and trade gap numbers, Redbook retail sales,
Case-Shiller Home Price Index and Aug Cons Conf, 126.5 est vs. 127.4 prior.
Second leg Tsy supply Tue w/$37B 5yr auction; $17B 1Y11M FRN and $31B 7yr
auctions Wed.
- Asia, Tsys weakened slightly after largely steady Asia open, misc foreign acct
selling across curve, fast$ buying 2s and 3s, bank portfolio buying 10s. 
- London returns, flow two-way w/concerted selling in 5s, 7s-10s, pre-auction
hedging. Swap accts 2-way in short end, paying 5s on rate and spd. 
- Tsy cash/ylds: 2Y 99-30.2 (2.649%), 5Y 100-00.5 (2.745%), 10Y 100-06.5
(2.850%), 30Y 99-29 (3.004%).

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