US Treasuries open NY higher,.......>

US TSYS SUMMARY: US Treasuries open NY higher, bolstered recently as UK Gilts

gained as BOE Carney comments on Reuters that "building war chest in interest

rates for future shocks would not be in-line with inflation target." 

- TOKYO: Tsys saw some selling by misc accts in5Y, 10Y and better selling in

10Y, 30Y into UK crossover. Some jitters remain on view that Pres. Trump may

chose John Taylor as Fed Chair, which would push US rates upward, said traders.

But Tsys also had some mild bid amid US/N.Korea tensions. 

- LONDON: Tsys saw two-way flows amd mild chop, misc 3Y buying, macro fund

buying in 5Y notes, selling in 10Ys. End users sold lg end. Some did 5/30Y

flatteners. Tsys also saw 7:58am ET block trade, 5,000 TYZ 125-15.5 crossed on

bid at post time. Nominal Tsys outperform TIPS. 

- US SWAPS: Overnight macro fund paying in US intermediate swaps. 

- OVERNIGHT REPO: Bid in current Tsy 5s, old 2Y, old 3Y, old 5Y, old 5Y. 

- EURODLR FUTURES: Small bid Mar8-Mar9. Recent heavy 1-yr midcurve Eurodlr puts

buying: 105,400 short Dec 78 puts. 

- US CORPS: Tues IFC $1.0B green 5Y, NWB $500M lg 2Y FRN, CADES benchmark 2Y.