Tsys trading higher after the bell,....>

US TSY FLOWS: Tsys trading higher after the bell, upper half of range but well

off initial post-data high -- disappointing trade given such a large data miss

(Feb NFP +20k vs. +183k est). US$ index pared good portion of Thu's move (DXY

-.362, 97.305); US equities weaker following global equity decline O/N (SPX

-14.0, 2741.0).

- While everyone expected a lower employ number after last two blow-outs to the

upside, nobody anticipated the "shockingly weak" downside miss for Feb.

Algos/program accts jumped on on offers post release, but initial knee-jerk

rally short lived, Tsys chopped mildly lower midmorning, modest two-way flow in

intermediates to long end. Underlying bid returned after BBG headline 'Barnier:

no progress in Brexit talks', Tsys inched higher into quiet second half trade.

- US Fed Chair Powell on MonPol Normalization & Review event late Friday --

ahead of media blackout. That said, Fed Chair Powell to appear on 60 Minutes

Sunday w/ former Fed Chairman Ben Bernanke & Chair Janet Yellen. Tsy cash/ylds:

2Y 100-02.38 (2.459%), 5Y 99-24.75 (2.422%), 10Y 100-00 (2.623%), 30Y 99-27

(3.007%).