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Tsys trading weaker, near recent.......>

US TSY FLOWS
US TSY FLOWS: Tsys trading weaker, near recent lows on light volume (multiple
Asia-Pacific holiday closures next 2 days. No data to speak of for week opener,
$37B 2Y Note auction on tap; Wed FOMC policy annc. 
- Waiting to hear from ECB's Draghi at 0900ET, trade-related headline risk
always a potential factor to deliver real vol (China annc'd exit of trade talks,
otherwise mkt watchers mkt increasingly discounting questionable headlines). 
- US$ index off earlier highs DXY -.139, 94.081 (94.068L/94.368H), $/Eur +0.0019
at 1.1768, $/Yen +.00 112.59; equities soft (emini -4.75, 2929.0); Gold firm
(XAU +0.85, 1199.85); West Texas crude new 4-year highs (WTI +1.3, 72.08). 
- Modest two-way flow on net, fast$ and prop accts buying 10s and 30s last hour,
pre-auction short sets, also keeping an eye out for more corporate issuance
related hedging, slow month-end flow so far.
- Tsy cash/ylds: 2Y 99-20.75 (2.809%), 5Y 99-01.5 (2.959%), 10Y 98-09.5
(3.074%), 30Y 95-29.5 (3.212%).

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