A very tight start to the Asia session......>

US TSYS: A very tight start to the Asia session was seen in T-Notes, which gave

way to some pressure as the Editor in Chief of China's Global Times tweeted

"Based on what I know, China will introduce important measures to ease the

negative impact of the trade war. The measures will benefit some companies from

both China and the US." This was followed up by China releasing the first round

of exemptions on U.S. goods, details will filter out shortly.

- Elsewhere, it is worth flagging that rumours have done the rounds re: the

potential for further concessions to the protestors from Hong Kong's power that

be, but there has been nothing concrete on this.

- Contract last -0-06 at 129-31. Yields 1.0-1.5bp lower across the curve.

- Eurodlr futures 2.5 ticks lower to 0.5 tick higher thru the reds.

- PPI & 10-Year supply headline the local docket today. Worth noting that

yesterday's 3-Year note auction generated a small tail as the cover ratio and

takedown metrics held steady, in line with the recent averages.