US Treasuries prices open NY.........>

US TSYS/STOCKS: US Treasuries prices open NY weaker, mildly steeper after

overnight range trade into the key 8:30am ET Dec US nonfarm payroll employment

data, expected to have normal release after Thur snow-tied delays; MNI poll:

median est +190k, perhaps a little low after Thu's +250k ADP number, whisper was

for 219K gain. 

- TOKYO: Tsys range until early UK on light 2way flows. Stronger Asian stocks

esp. Nikkei and firm US$ spur some Tsys selling. Asian real$ sold 7Ys. Foreign

central bank buying short end, other buying in 3Y, 5Ys; 5/30Y steepeners. 

- LONDON: Range in Tsys, intermeds/long end pressured but drew prop/fast$ buying

long end. More buying in 3Y,5Y Tsys, while bank portfolio 10Y sales arose. Fast$

rate payers in short end. 

- US EURODLR FUTURES: Buyer of 12,500 EDH8 Eurodlr futs at 98.19, part vs. EDM8

at 98.01. 

- US SWAPS: Mostly wider, 10Y near disinversion. 

- OVERNIGHT REPO: Tsy 3Y, 10Y tight. 

- US HIGH-GRADE CORPORATE ISSUANCE: Busy; late Fri rate-lock hedges into Mon.