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Comments from U.S. TR Lighthizer who........>

US TSYS
US TSYS: Comments from U.S. TR Lighthizer who noted that "we are about finished
with the the translation of the phase one trade agreement, the deal includes
commitments re: FX manipulation," along with Politico pointing to China buying
more U.S. energy & manufactured goods in the trade deal, combine to apply some
light pressure to the space in early Asia-Pac trade.
- T-Notes -0-02+ at 128-27, contact still holding to a 0-04+ tick range, with
yields 0.8-1.1bp higher across the curve.
- Eurodollar futures unchanged to 1.0 tick lower through the reds.
- Little in the way of stand out flow thus far.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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