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Tsys trading higher into the........>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys trading higher into the bell, strong volume (TYU 2.06M),
curves mixed; CPI data suggests steady gains in consumer inflation, that should
allow the FOMC to maintain its gradual rate hike path; Headlines dominate Friday
as Turkish Lira free falls, settled at 6.4/US$; Trump added pressure, "*TRUMP
AUTHORIZES DOUBLING OF TARIFFS ON TURKEY STEEL, ALUMINUM-BFW", "*LIRA DROPS TO
NEW RECORD AS TRUMP STEPS UP TARIFFS ON TURKEY-BFW"; "Turkey Will Take
'Necessary Response' to Increased U.S. Tariffs-BFW"; "Reuters Top News: Turkey
turmoil sends ripples across world stock markets, euro falls-TWT"
-PBOC made headlines, "*PBOC SAYS INSIST NOT TO HAVE 'STRONG' STIMULUS-BFW";
"*PBOC STILL SEES POSITIVE ELEMENTS FOR STABLE ECONOMIC GROWTH-BFW";
-DXY making large gains today (+0.859, 96.363, 96.452H/95.532L) hitting its
highest level since July 2017
-Equities taking a hit (emini -25.75, 2,828.00), West Texas Crude (WTI +0.85,
67.66), US$/Yen down (JPY -0.45, 110.64); Gold (XAU -0.85, 1211.55); Tsy
cash/ylds: 2Y 100-01.5 (2.596%), 5Y 100-02.5 (2.731%), 10Y 100-04 (2.859%), 30Y
99-20 (3.019%).

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