US Treasuries prices end lower in......>

US TSY/RECAP: US Treasuries prices end lower in rangebound Tuesday after late

ebb and two-way muted flows and stronger equities. Tsys had mild dip buying

after light selling on firmer 31.8 August Phil Fed nonmanufctrng activity index.

Aug Richmond Fed mfrg index steady. Yields higher across the curve by 2-3.5bp,

flattening seen

- Sept/Dec Tsy futures roll: Sale of 11,700 TYU/TYZ at 9.75 and 6,900 TUU/TUZ at

3+; total 5Y spread volume was over 164,000 so far from 9.0-9.75. US SWAPS: Spds

tighter, spd curve steeper after prior flattening; afternoon front end 2way

flow, better 5Y receivers,light deal-tied flows. 

- Tsy $30B 4-wk bill sale tailed: above-avg 74.5% dealers, 20.2% indirect, small

5.3% directs. 

- EURODLR FUTRS: End weaker; sale of 10,000 Dec'17, 98.57; followed buy of 9,200

Red Mar'19 at 98.27. MBS: firmer. TIPS outperformed nominal Tsys. O/N REPO: Tsy

2Y, 5Y, 10Y tight. - EGBs: Italian BTPs slid, big 5Y BTPs seller, maybe hedge

fund.

- T-Notes open Asia at 126.18, 10-Year yield last 2.213%.