US Treasuries prices open Fri --....>

US TSYS SUMMARY: US Treasuries prices open Fri -- the month-end, quarter-end and

Jpn half-year-end -- NY mildly lower, flatter after overnight range and

improvement since mkt bottomed about 2:38am ET. Data Fri: 8:30am ET Aug.

personal income/PCE, 9:45am ET MNI Chicago report, 10am ET Univ of Mich consumer

sentiment. 

- TOKYO: Tsys relatively quiet into Jpn half-year end; traders eyed potential

brisk bid for Tsys in Oct. in new half-year. Light 2-way pre-weekend position

squaring, flattener/steepener unwinds. Real$ buying in 30Ys, while Asian central

bank buying occurred in 3Y, 5Y Tsys. China and S. Korea have some holidays next

week. 

- LONDON: Tsys drew some asset mgr and other foreign central bank buying, while

US bank buying occurred in 10Ys. Tsys moved off lows amid German Bund rally;

Dec-17 Bund contract  opened +4 ticks at 160.94 2am ET, now it 161.18. US Tsy

block buy of 4,547 TYZ7 at 125-15 am ET as of 4:14 am ET. LIBOR rates set lower.

- OVERNIGHT REPO: 2Y, 3Y, 5Y, 7Y, 10Ys Tsys; 2Y, 3Y at negative rates. 

- US$ HIGH-GRADE CORPS/SOVS: Nothing set Friday; pipeline grows next wk.