US Treasuries open NY mildly........>

US TSYS SUMMARY: US Treasuries open NY mildly weaker after overnight

consolidation, ebb since 2am ET; all await 10am ET Fed Chr Yellen and 3pm ET ECB

head Draghi. Also 8:30am ET JUly durable goods; MNI econ poll median estimate is

for a -6.1% secline (vs. June +6.4%.) Note UK bank holiday Monday. US Tsy will

squeeze in both 2Y, 5Y auctions on Monday along with normal bill auctions, then

do 7Y auction Tuesday. 

- TOKYO: Asian regional banks, credit funds bought Tsys. Asian stocks indexes

marched higher: Jpn Nikkei +0.51%, HKG's Hang Seng +1.20. 

- LONDON: Tsys and EGBs ebbed early, then credit-tied buyers in 5Ys, while end

users, bank portfs bought 10Ys. Fast money sold 5Y, 10Y. EGB sale of 14,285

German Bobls nr 1:16 am ET BST/6:16am ET) 

- US SWAPS: Mildly wider, macro fund paying 2/10Y, receiving 10/30Ys earlier. UK

saw 3Y/5Y US curve flattener in $160M/vs $100M; 5Y payer outright for EU100M at

8:39 am BST (3:39am ET.); also $130M TY 10Y invoice spd roll from Sep/Dec at

9:06am BST/4:06am ET.) EURODLR FUTURES; Mildly weaker. 

- US HIGH-GRADE CORPORATE BOND ISSUANCE: Nothing; syndicates expect busy Sept.