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US Treasuries currently trading.....>

US TSYS SUMMARY
US TSYS SUMMARY: US Treasuries currently trading modestly higher reversing
weakness seen in Asian session, taking cue from risk-off tone seen in European
government bond space as political concerns ratchet higher in Italy and now
Spain.
- US 10-yr Tsy yield is 1.5bp lower at 2.9624%, still shy of lows seen in late
Thursday morning US time, but going in that general direction. Curve is seen
pivoting around the 7-yr sector as yield drops 1.7bp, while 2-yr yields are
anchored at 2.50%.
- US Tsys eased in the early part of the Asia-Pacific session after North Korea
stressed that it was still willing to meet with the US going forwards despite US
President Trump's cancellation of the June summit.
- Eurodollars are 1.5 to 2 ticks higher with Green contracts seeing the most
buying pressure. While both breakevens and swap spreads are little changed
- Due later today are US Durable Goods (0830ET) & Michigan Sentiment (1000ET),
plus multiple Fed speakers at an event in Dallas.

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