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Tsys trading slightly higher into...>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys trading slightly higher into the bell in the top half of
the range, light volume, curves mixed. Pres Trump headline brings risk-off price
action just before the close, "*TRUMP SAYS CHINA TRADE ANNOUNCEMENT COMING AFTER
MARKET CLOSE-BFW", note still wants appr "$200B in China tariffs despite talks".
Stocks hit session lows after latest headline. China responded today, "*China
Said to Cancel Talks If Trump Moves Ahead With Tariffs-BN".
-US$ lower DXY -.424, 94.503 (94.440L/94.978H), $/Eur pared Friday losses
+0.0060 at 1.1685, $/Yen falling late -.25 111.81, (111.79L/112.12H); equities
(emini -14.50, 2897.00 vs. 2911.25H); Gold higher (XAU +7.18, 1200.68); West
Texas crude slightly lower (WTI -0.26, 68.73).
- Little reaction to data: Empire Manufacturing Index comes in weaker than
expected; (+19.0 vs +23.0 expected, +25.6 Last)
-Tsy cash/ylds: 2Y 99-22.75 (2.778%), 5Y 99-10.75(2.893%), 10Y 98-31.5 (2.992%),
30Y 97-14.5 (3.130%).

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