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Tsys trading mixed, ultra bond......>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys trading mixed, ultra bond little higher, near mid narrow
range. Bit of risk-on following Tsy Sec Mnuchin comments over weekend China
trade war "postponed" on lower tariffs, stocks surge.
- The USD index higher (DXY +0.171, 93.808), US$/Yen +.49, 111.27; stocks strong
(emini +15.25, 2728.25); West Texas crude little higher (WTI +0.04, 71.32); gold
weaker (XAU -7.16, 1285.44). 
- Wk kicks off w/trio of Fed speakers answering audience Q&A at separate events
(Bostic, Harker, Kashkari), eco-data doesn't get underway until Tue, should be
quiet ahead May minutes on Wed.
- Asia / London, after weaker start Tsys made couple moves back to steady,
two-way flow on decent volume, Tsy curves flatter at moment, hearing macro funds
scaling in steepeners. Decent futures volume (TYM>400k).
- Swaps, spds mildly tighter across curve, light two-way flow.
- Eurodollar futures, weaker across strip, Whites-Greens -0.015-0.020.
- Tsy cash/ylds: 2Y 99-20.5 (2.566%), 5Y 99-09.25 (2.904%), 10Y 98-11 (3.067%),
30Y 98-17 (3.201%)

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