Tsys trading slightly higher,.......>

US TSYS SUMMARY: Tsys trading slightly higher, curves mixed, nonfarm payrolls

came in lower than expected +157k vs +190 est.; ISM non-manufacturing index came

in weaker than expected at 55.7 vs 58.6 exp., Atlanta Fed's GDP Model dropped

its 3Q US GDP to 4.4% vs yesterdays 4.9%; 

- Crude prices hit about an hour ago, West Texas Crude WTI currently -.94,

68.03 vs. 67.87L. Delayed react to Bbg headline "Saudi Arabia Is Said to Have

Pumped 10.3M B/D of Crude in July" -- a little less than June but "volume

produced was 10.29m b/d and the volume supplied to the market, including crude

drawn from stocks, was 10.38m b/d, one delegate says".

-Headline to watch, "KUDLOW: SOME COMMUNICATION WITH CHINA ON TRADE IN RECENT

DAYS"-BFW

-DXY -.105 to 95.065; US$/Yen fell this morning to new lows, -.41 to 111.25

(111.87H/111.10L); equities higher (emini +5.00, 2,833.50); gold stronger (XAU

+8.17, 1216.00); West Texas crude lower (WTI -0.57, 68.39).

-Tsy cash/ylds: 2Y 99-30.5 (2.645%), 5Y 99-21.5 (2.819%), 10Y 99-09.5 (2.956%),

30Y 100-14 (3.101%).