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Tsys trading higher across the.........>

US TSY FLOWS
US TSY FLOWS: Tsys trading higher across the board, top end of overnight range
and highs for the week on modest futures volume (TYH<275k). Climbing steadily
higher since last week, US$ index little off recent highs (+.024, 96.531 vs.
96.693H). Equities just off recent lows (SPX -17.0, 2687.0).
- Very quiet data day: NY Fed GDP Nowcast, grain stocks data. Fed speak: SF Fed
pres Daly will answer questions at an economic forecast conf in SF. Clock is
ticking ahead potential resumption of US gov shutdown on Feb 15.
- Overnight flow, carry-over risk-off bid with equities sagging, foreign accts,
props buying vs. trading accts selling into strength in 10s and 30s, no
deal-tied flow to speak of, supply has been light this week.
- Tsy cash/ylds: 2Y 100-01.75 (2.469%), 5Y 100-18.5 (2.531%), 10Y 99-28
(2.638%), 30Y 100-08 (2.986%).

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