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Tsys trading mixed into the bell,...>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys trading mixed into the bell, tight range with light volume
(TYU 880k), curves mixed; $26B 10Y Tsy auction finished with a yld of 2.960%
came in line with the WI of 2.960%at the deadline, Tsy saw a slight uptick but
retracted; -US$/CAD rose following rpts that Saudi Arabia are said to sell off
their Canadian assets, CAD weakened on the news
-West Texas Crude weaker (WTI -2.30, 66.87) following China's announcement it
will place a 25% tariff on imports of U.S. refined products beginning Aug 23;
incl. diesel, gasoline, & LPG's according to Bloomberg
-ITALY: BTP ylds climbed on comments by Deputy PM Di Maio, who vows to use
hardline tactics to win concessions from the EU on the upcoming budget. 2-Yr BTP
ylds faring worst, up 6bps at 0.969%, with spds over Germany widening 7.6bps at
156.5bps as Bunds rise
-US$/Yen (JPY -0.41, 110.97, 111.44H/110.84L); DXY weaker (-0.120, 95.066);
Equities higher (emini +2.00, 2,861.75); Gold climbing (XAU +2.73, 1213.69); Tsy
cash/ylds: 2Y 99-29 (2.672%), 5Y 99-19 (2.836%), 10Y 99-06 (2.969%), 30Y 100-04
(3.118%).

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