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A bit of risk-off overnight has.....>

US TSYS SUMMARY
US TSYS SUMMARY: A bit of risk-off overnight has given a bit of a lift to Tsys,
but overall, markets look flat Tuesday ahead of a full slate of Fed speakers.
- U.S. sanctions placed Monday on Iran's Ayatollah Khamenei and Tehran's
declaration that the 'diplomatic path is shut' subdued risk appetite.
- But Tsys ultimately came off intraday highs as European trading picked up.
- Sep 10-Yr futures (TY) last up 2.5/32 at 128-0.5 (L: 127-28.5 / H: 128-06).
- The 2-Yr yield is down 0.5bps at 1.7277%, 5-Yr is down 0.7bps at 1.7408%,
10-Yr is down 0.7bps at 2.0073%, and 30-Yr is down 1.1bps at 2.5335%.
- Eurodollar strip is up 1-2.5 ticks, Reds/Greens outperforming.
- Equity futures are a little lower (S&P off 0.1%), DXY up 0.1%.
- Fedspeak in spades today: Williams at 0845ET, Bostic at 1200ET, Powell at
1300ET, Barkin at 1530ET, and Bullard at 1830ET.
- Data includes Conf. Board cons. confidence and new home sales (both 1000ET).

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