.Tsys futures still bid in late morning trade, but well off early session highs as market continues to weigh impact of reversal nearly all measures from UK 23 September mini-budget this morning. UK Gilt rally where "UK 10Y INFLATION-LINKED YIELDS FALL 63BPS, SET FOR RECORD DROP" Bbg.

  • No obvious headline driver for reversal of Tsy support over last couple hours heading into the London close. Any react to weaker-than-expected headline Empire number (-9.1 vs -4.3 survey and -1.5 prior) lost in the early morning shuffle.
  • Data focus turns to IP/Cap-U, Net TIC flows on tap Tuesday.

  • US Tsy auctions: $57B 13W, $45B 26W bill auctions at 1130ET today, no supply Tuesday. No scheduled Fed speakers until Tuesday.

US TSYS: Market Roundup, Paring Early Gains

Last updated at:Oct-17 15:11By: Bill Sokolis
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.Tsys futures still bid in late morning trade, but well off early session highs as market continues to weigh impact of reversal nearly all measures from UK 23 September mini-budget this morning. UK Gilt rally where "UK 10Y INFLATION-LINKED YIELDS FALL 63BPS, SET FOR RECORD DROP" Bbg.

  • No obvious headline driver for reversal of Tsy support over last couple hours heading into the London close. Any react to weaker-than-expected headline Empire number (-9.1 vs -4.3 survey and -1.5 prior) lost in the early morning shuffle.
  • Data focus turns to IP/Cap-U, Net TIC flows on tap Tuesday.

  • US Tsy auctions: $57B 13W, $45B 26W bill auctions at 1130ET today, no supply Tuesday. No scheduled Fed speakers until Tuesday.