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Tsys trading firmer, see-sawing.....>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys trading firmer, see-sawing off top end of range on decent
volume (TYU>470k). Moderate risk-off tone as market continues to digest late Tue
US political headlines/implications for Pres Trump (Pres Trump ex-lawyer Cohen
guilty plea, Manafort conviction), market pensive but taking it in stride
(becoming inured to noise out of Washington?). Pick-up in data today, focus on
FOMC minutes at 1400ET.
-  US$ index near recent lows, DXY -.232 to 95.024/94.962L; US$/Yen -.04 to
110.27, US$/Euro +.0037, 1.1608; equities modestly weaker (emini -5.0, 2857.25);
gold firm (XAU +2.57, 1198.62); West Texas crude gains (WTI +1.33, 67.17). 
- Asia, choppy two-way flow after initial risk-off bid on Cohen/Manafort
headlines, fast$, props active in 2s-10s, spec selling 10s.
- London, continued chop, cash selling 10s, mixed FX-acct flow, light swap-tied
flow: misc steepeners early, 2s3s flattener, 7s8s9s receiver fly. Block buy
15,889 TYU 120-19.5 (buy through -18.5 post time offer)
- Tsy cash/ylds: 2Y 100-01.75 (2.593%), 5Y 100-06.75 (2.702%), 10Y 100-15
(2.819%), 30Y 100-08.5 (2.985%).

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