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Tsys trading mildly higher, near....>

US TSYS SUMMARY: Tsys trading mildly higher, near top end of narrow overnight
range on light volume (TYM<170k; Japan mkts out on extended holiday). Quiet
ahead headline Apr employ data (185k est; AHE 0.2est), not to mention Fed coming
out of blackout period, multiple speakers on dat w/NY Fed Pres Dudley kicking
things off at 1245ET.
- US$ index mildly higher/off recent highs (DXY +.139, 92.553; US$/Yen -.24,
108.96); equities weaker (emini -5.5, 2626.25); gold weaker (XAU -1.98,
1310.12); West Texas crude firmer (WTI +0.34, 68.78).
- Asia, quiet sideways trade through to London open, very light volume w/Japan
mkts out on extended holiday.
- London, better bid on limited range through London hours, fast$ 2-way in 5s,
foreign bank buying 10s.
- Swaps, short end leads widening across curve, very light flow
- Eurodollar futures, steady/mixed, EDM8 seller post LIBOR sets' 3M +0.0059 to
2.3690% (+0.0110/wk).
- Tsy ylds: 2Y 2.474%, 3Y 2.611%, 5Y 2.769%, 7Y 2.882%, 10Y 2.931%, 30Y 3.107%

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