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Tsys trading weaker, off recent.....>

US TSYS SUMMARY: Tsys trading weaker, off recent lows after holding narrow range
overnight, decent volume (TYU>360k) partially tied to ongoing Sep/Dec rolling.
Focus on Jackson Hole eco-symposium, Fed Chair Powell at 1000ET, various Fed
speakers on sidelines through day (StL Fed Bullard on Bbg recently notes
seriousness of flatter curve, economy may slow in 2019-2020).
-  US$ index paring Thu's gains, DXY -.329 to 95.337; US$/Yen +.03 to 111.31,
US$/Euro +.0048, 1.1588; equities firmer (emini +5.0, 2863.0); gold bounce after
Thu's sell-off (XAU +7.38, 1192.93); West Texas crude adding to midweek rally
(WTI +0.76, 68.59). 
- Asia/London hours, Tsys apparently following softer EGBs, mild risk-on tone
can change in a hurry (political headline risk, ongoing trade tension despite
"constructive, honest" talks between China & U.S. Flow included modest two-way
positioning in short end, central bank selling 2s, Sep/Dec Tsy futures roll
gaining momentum.
- Tsy cash/ylds: 2Y 100-00.25 (2.616%), 5Y 100-03.5 (2.724%), 10Y 100-12
(2.830%), 30Y 100-12 (2.980%).

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