A limited session for T-Note futures thus...>

US TSYS: A limited session for T-Note futures thus far, generally ticking higher

within a tight range, outside of a brief pullback on RTRS headlines noting that

MOFCOM stated China Vice Premier Liu He spoke by phone with U.S. Tsy Sec Mnuchin

& the U.S. Trade Rep. The report noted that the "two countries exchanged

opinions on implementing consensus reached by two leader & also exchanged views

on pushing forward timetable, roadmap for next stage of trade talks."

- U.S. equity index futures erased a chunk of their early losses alongside the

headlines, before sagging again, which allowed T-Notes to edge higher once

again, after a modest pullback. Markets perhaps showing some desperation for

positive news. 

- Eurodollar activity remains limited, on suppressed volumes.

- 3-Year issuance is due Tuesday, with PPI & NFIB small biz. optimism also due.

- T-Notes last 120.22, U.S. 10-Year cash Tsy yields last at 2.850%.