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Congress is due to vote on the......>

US TSYS SUMMARY
US TSYS SUMMARY: Congress is due to vote on the proposed spending bill today
that will avert another government shutdown. Once the House votes, the bill is
then sent to President Trump for his signature.
- Following rumours that the March 1 deadline for triggering an increase in US
tariffs on Chinese imports could be extended, MNI Sources reports that China has
now requested the extension.
- US TSYs have been quiet so far. The <5y section of the curve is trading near
yesterday's close, while yields are the longer end are ~1bp lower. Current yield
levels: 2-year 2.531%, 10-year 2.6931%, 30-year 3.022%. The 2s30s spread trades
at 48.8bps, off a high of 50.2bps.
- The US 10y TSY future trades at 121-26+ near the top of the days range.
- Euro$ futures trades flat/0.5-1.0 ticks higher in whites/reds.
- Next up on the data calendar is PPI for January and Retail Sales for December,
both published at 1330GMT.

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