U.S. Tsys traded a touch firmer by.....>

US TSY/RECAP: U.S. Tsys traded a touch firmer by the bell on Friday, but

finished well off of best levels.

- Tsys knee-jerked higher on the soft AHE component in the U.S. labour market

report, with the unemployment rate nudging higher, although Tsys retraced as the

markets realised the participation rate edged higher, while the headline NFP

print beat.

- Flow was limited & 2-way, with light position squaring noted ahead of the

weekend, fast-money & prop a/c's sold 10s in the afternoon.

- Eurodollars were mildly higher across much of the strip by the bell, on muted

volume for a headline payroll session.

- The space has operated in a tight unchanged range in early dealing today.

- Highlights throughout this week include Fed to release Chairman Powell's

semi-annual MonPol report, U.S. CPI & PPI & University of Michigan sentiment.

Fedspeak elsewhere will dominate, with Williams, Kashkari, Harker & Bostic due

up.