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*** US Treasuries open NY...........>

US TSYS SUMMARY
US TSYS SUMMARY: *** US Treasuries open NY steady/slightly weaker out the curve
w/ 2/10Y curve mildly flatter and 5/30Y mildly steeper. Congress passed stopgap
spending bill late Thurs, only needs US Pres. Trump signature to fund govt
through Jan. 19. Meanwhile Trump could sign tax bill into law within days,
according to a recent AP story. 
- TOKYO: Tsys opened/held mildly lower levels on narrow range into UK crossover.
Muted two-way flow included Asian end-users buying 5s. Foreign central bank
buying in 10s too. Japan's Nikkei stock index ended +0.16%. 
- LONDON: Tsys and rates still hold lower/narrow range, listless 2way trade and
flatteners fading current steepening on shortened pre-holiday session, trading
floors closing at 1300ET. Monday, all US markets and government are closed for
Christmas. Portugal 10Y spd vs. Bunds (+7.7bp) leads widening in sovereign spds,
Spain 10Y +1.7 after Catalan separatists won Thursday election, Spanish stocks
weaker. US stk index futures flat to mildly higher, European stocks weaker,
Spain's IBEX-35 -1.17%. FT said bitcoin price fell 20% Friday.
- OVERNIGHT REPO: Tsy 2Y, 5Y notes tight; old 3Y note, 6m bill bid. 

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