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US Tsys were weaker across the curve...>

US TSY/RECAP
US TSY/RECAP: US Tsys were weaker across the curve on Thursday, as the space
moved lower after US President Trump downplayed the imminence of a missile
attack on Syria in a tweet.
- Tsys had a muted reaction to data, with markets still very sensitive to
geopolitical risk, with a story run later in the day noting that missile targets
in Syria had been chosen, which saw Tsys briefly rally from lows, although the
move was short lived. 
- On the supply front the 30-Year auction was more encouraging than the 3 &
10-Year supply from earlier in the week, with a marginal stop through screens
and an uptick in indirect takedown as dealer takedown moderated.
- Fed non-voter Kashkari offered little new in an address made in late NY hours,
with fellow non-voters Rosengren, Kaplan & Bullard due to speak on Friday.
- Eurodollars were weaker across the strip on decent volume in the Whites-Reds.
Note, April options expire on Friday, which generated some two-way hedging in
EDM8.
- T-Notes last at 120-15+, US 10-Year yield last at 2.836%.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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