Yields finished Friday's trade on...>

US TSYS SUMMARY: Yields finished Friday's trade on the rise and that weakness in

the Treasury market continued into early Asian trading. The weakness continued

into the start of European trading as the impact of the Catalan referendum did

not create a strong desire for risk-free assets, even if peripheral European

debt weakened.

- In the past hour, core European and Treasury markets have attracted a decent

bid. The tragic shooting with 20+ deaths in Las Vegas and selling pressure

enveloping Spanish debt have taken the 10Y UST yield down from a peak at 2.37%

to 2.35% but the yield is still 1.6bp higher than the NY close on Friday.

- Also, there was +7.35k TYZ7 @ 125-00 at 09:29BST and price action suggests

this was bought.

- The dollar has rallied in FX markets and the DXY has reached its best level

for almost 6 weeks. 

- This week sees a Yellen speech on Wednesday and culminates with the payroll

report on Friday. Note that Chinese markets are close for much of the week.