US TSYS UPDATE: Prices continue to ease back

US Tsy prices began slipping lower in Asian trade Friday and continue to ease back in early US trade. Catalyst is unclear but market has had a nice run on belief Fed will cut rates next Wed. Now mkts need to hear from the Fed. 10Y is around 4.065% at 8:44ET after being marked at 4.011% at 15:00ET Thursday. It grazed 4.00% Thursday but is likely waiting for more impetus to move much lower. Curves are steeper with 2/10Y +50 bps v +48and 2/30 +113 v +111. US stock futures lower this morning after stellar rally Thursday. Only item today is Cons Sentiment later this morn. Pres Trump just announced that C Kirk assassin has been caught. Press Conference shortly.